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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Gate+0.110%7-day average +0.135% · you sell dearer than you buy
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$798as in the Price arb table
costs, in and out, $10k−$7957.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.316%+$32 · spread now +0.110%, 7d avg +0.135%
Together, before fees+0.323%+ Points / potential airdropExtended: Active · farm board+$32 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: Extended is 0.025% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.135%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.019730.0100pay 0.0050% / 4h57m 12s$304K$96K50x
ShortExtended DEEP-USD0.019750.0104get 0.0013% / 1h57m 12s$3K$198K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.110% → +0.135%
−$2.51
Slippage, 4 orders
−$775.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$797.14
Costs to cover
7.955%
Break-even
6649.8 days
Slippage from Gate: live order book, 63 min ago; Extended: live order book, 64 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 Gate live order book, 63 min ago7.59 bp476.9 bp −$477doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 64 min ago5.30 bp51.2 bp −$51doesn't fitdoesn'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−0.8000%1h0.01972−0.051%$80K$13K20xas long as short
BloFin DEEP-USDT+0.0070%8h0.01971−0.101%$139K$34K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01977+0.191%$2.1M$6.1M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01975+0.101%$4.2M$2.7M50xas long as short
Gate DEEP_USDTlong+0.0100%4h0.01973long leg$304K$96K50x
MEXC DEEP_USDT+0.0100%4h0.01978+0.253%$1.1M$460K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01979+0.304%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01982+0.456%$812K$590K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01971−0.101%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01978+0.233%$13K$9Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USDshort+0.0104%1h0.01975+0.110%$3K$198K5x
Kraken Futures PF_DEEPUSD+3.2243%1h0.01975+0.122%$7K$7K10xas long as short