Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Extended−0.022%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$276as in the Price arb table
costs, in and out, $10k−$2732.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.022%, 7d avg +0.005%
Together, before fees+0.066%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20540.0840pay 0.0105% / 1h43m 23s$15K$144K5x
ShortBinance BUSDT0.20540.0840get 0.0420% / 4h3h 43m$11.9M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.01
Price spread: −0.022% → +0.005%
−$2.72
Slippage, 4 orders
−$258.27
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$275.99
Costs to cover
2.733%
Break-even
153332.3 days
Slippage from Extended: live order book, 27 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 27 min ago7.63 bp103.3 bp −$103844.1 bp −$8,441doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago4.88 bp31.6 bp −$32253.5 bp −$2,535doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate B_USDT+0.0434%4h0.2052−0.119%$3.5M$604K20xas long as short
KuCoin BUSDTM+0.0672%4h0.2052−0.129%$1.9M$72K10xas long as short
edgeX BUSDC+0.0839%4h0.2059+0.212%$3K$392K5xas long as short
Extended B-USDlong+0.0840%1h0.2054long leg$15K$144K5x
MEXC B_USDT+0.0840%4h0.2054−0.022%$1.0M$352K100xas long as short
Binance BUSDTshort+0.0840%4h0.2054−0.022%$11.9M$2.0M20x
BloFin B-USDT+0.0851%4h0.2059+0.221%$600K$40K20xas long as short
Bitget BUSDT+0.1256%4h0.2055+0.027%$2.8M$246K10xas long as short
Aster BUSDT+0.1603%4h0.2054−0.022%$1.9M$214K5xas long as short
BingX B-USDT+0.1630%4h0.2055+0.027%$1.2Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.1726%4h0.2054−0.042%$1.8M$955K13xas long as short