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

BASED

all BASED markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.056%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1341.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.453%+$45 · spread now −0.056%, 7d avg −0.054%
Together, before fees+0.432%+$43 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BASEDUSDT0.068150.0100pay 0.0050% / 4h58m 02s$4.2M$3.1M25x
ShortGate BASED_USDT0.068110.0100get 0.0050% / 4h58m 02s$535K$576K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
Price spread: −0.056% → −0.054%
−$0.24
Slippage, 4 orders
−$108.94
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$134.18
Costs to cover
1.339%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 63 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 Binance live order book, 9 min ago1.46 bp29.9 bp −$30118.9 bp −$1,189doesn't fitdoesn't fit
Sell Gate live order book, 63 min ago6.55 bp41.1 bp −$41doesn't fitdoesn't fitdoesn't fit

BASED on 15 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
Aster BASEDUSDT+0.0100%4h0.06816+0.021%$29K$6K5xas long as short
Binance BASEDUSDTlong+0.0100%4h0.06815long leg$4.2M$3.1M25x
Bybit BASEDUSDT+0.0100%4h0.06795−0.291%$2.1M$683K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06804−0.159%$2.7M$3.8M20xas long as short
Gate BASED_USDTshort+0.0100%4h0.06811−0.056%$535K$576K50x
MEXC BASED_USDT+0.0100%4h0.06815+0.003%$4.9M$585K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06821+0.091%$569K$72K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06819+0.061%$1.3M$366K25xas long as short
BingX BASED-USDT+0.0100%4h0.06807−0.115%$1.7Mas long as short
Variational Omni BASED+0.0100%4h0.06803−0.179%$94K$15Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06820+0.076%$94K$380K10xas long as short
SunX BASED-USDT+0.0100%4h0.06810−0.071%$1K$885K20xas long as short
Extended BASED-USD+0.0104%1h0.06815+0.006%$1K$197K5xas long as short
BloFin BASED-USDT+0.0155%4h0.06824+0.135%$260K$47K25xas long as short
Orderly PERP_BASED_USDC+0.0237%4h0.06816+0.017%$3K$66410xas long as short