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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.001%
Price spread now: edgeX against Extended−0.013%73s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2962.959% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.013%, 7d avg +0.028%
Together, before fees+0.074%+ Points / potential airdropExtended: Active · edgeX: 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: edgeX is 0.041% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20420.0672pay 0.0084% / 1h30m 15s$15K$219K5x
ShortedgeX BUSDC0.20420.0675get 0.0337% / 4h2h 30m$3K$390K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0.58
Price spread: −0.013% → +0.028%
−$4.07
Slippage, 4 orders
−$281.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$299.42
Costs to cover
2.959%
Break-even
3623.2 days
Slippage from Extended: live order book, 36 min ago; edgeX: live order book, 38 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, 36 min ago9.73 bp97.5 bp −$98820.0 bp −$8,200doesn't fitdoesn't fit
Sell edgeX live order book, 38 min ago9.71 bp40.2 bp −$40doesn't fitdoesn't fitdoesn't fit

B on 10 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+0.0100%4h0.2042−0.022%$3.5M$630K20xas long as short
KuCoin BUSDTM+0.0534%4h0.2042−0.017%$1.9M$72K10xas long as short
Bybit BUSDT+0.0644%4h0.2042−0.022%$1.7M$956K13xas long as short
Extended B-USDlong+0.0672%1h0.2042long leg$15K$219K5x
edgeX BUSDCshort+0.0675%4h0.2042−0.013%$3K$390K5x
Binance BUSDT+0.0675%4h0.2044+0.056%$11.8M$2.0M20xas long as short
MEXC B_USDT+0.0676%4h0.2043+0.027%$1.0M$361K100xas long as short
BingX B-USDT+0.0928%4h0.2043+0.027%$1.3Mas long as short
Bitget BUSDT+0.0954%4h0.2042−0.022%$2.8M$260K10xas long as short
Aster BUSDT+0.1398%4h0.2045+0.125%$1.9M$213K5xas long as short