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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.443%
Price spread now: Bluefin against Gate+0.302%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−3.780%−$378 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bluefin is 0.302% dearer against Gate than usual: you sell high and buy low, +$30 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.019840.0100pay 0.0050% / 4h2h 32m$306K$96K50x
ShortBluefin DEEP-PERP0.019900.0100get 0.0013% / 1h32m 49s$81K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Gate. 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: +0.302% → 0.000%
$30.24
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
$8.24
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Gate: live order book, 32 min ago; Bluefin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 32 min ago9.75 bp225.0 bp −$225doesn't fitdoesn't fitdoesn't fit
Sell Bluefin no order-book sample
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DEEP 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
Binance DEEPUSDT+0.0100%4h0.01989+0.261%$2.1M$6.1M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01983−0.050%$4.3M$2.7M50xas long as short
Gate DEEP_USDTlong+0.0100%4h0.01984long leg$306K$96K50x
MEXC DEEP_USDT+0.0100%4h0.01988+0.202%$1.1M$524K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01997+0.655%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01987+0.151%$826K$602K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01987+0.151%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01993+0.438%$13K$9Kas long as short
Bluefin DEEP-PERPshort+0.0100%1h0.01990+0.302%$81K$13K20x
Extended DEEP-USD+0.0104%1h0.01989+0.238%$4K$207K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DEEPUSD+2.4292%1h0.01989+0.257%$8K$6K10xas long as short