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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Bitget−0.502%7-day average −0.301% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.059%−$6 on $10k
Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.502%, 7d avg −0.301%
Together, before fees+0.075%+$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: Bybit is 0.201% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.301%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DEEPUSDT0.019920.0100pay 0.0050% / 4h1h 03m$849K$597K50x
ShortBybit DEEPUSDT0.019820.0100get 0.0100% / 8h1h 03m$4.2M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.502% → −0.301%
−$20.12
Slippage, 4 orders
−$125.31
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$168.43
Costs to cover
1.483%
Break-even
never at this rate
Slippage from Bitget: live order book, 12 min ago; Bybit: live order book, 9 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 Bitget live order book, 12 min ago7.53 bp25.9 bp −$26144.1 bp −$1,441doesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago5.04 bp41.0 bp −$41206.4 bp −$2,064doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.1786%1h0.01986−0.301%$81K$17K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01991−0.050%$2.1M$6.0M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01982−0.502%$4.2M$2.6M50x
Gate DEEP_USDT+0.0100%4h0.01988−0.201%$305K$98K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01994+0.100%$1.1M$547K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01994+0.100%$1.8M$93K20xas long as short
Bitget DEEPUSDTlong+0.0100%4h0.01992long leg$849K$597K50x
Variational Omni DEEP+0.0100%8h0.01981−0.566%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01993+0.029%$5K$221K5xas long as short
BloFin DEEP-USDT+0.0125%8h0.01982−0.502%$138K$34K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01991−0.050%$6.6Mas long as short
Kraken Futures PF_DEEPUSD+0.1135%1h0.02013+1.047%$8K$7K10xas long as short