Funding arb · Price arb /

DEXE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Gate against Binance−0.052%7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$854as in the Funding arb table

Net, price: spread back to 7d avg − costs−$884as in the Price arb table

costs, in and out, $10k−$8728.724% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.182%+$18 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.052%, 7d avg +0.065%

Together, before fees+0.228%+$23 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: Gate is 0.117% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance DEXEUSDT	1.9320	0.0100	pay 0.0050% / 4h	1h 55m	$7.0M	$8.5M	20x
Short	Gate DEXE_USDT	1.9310	0.0100	get 0.0050% / 4h	1h 55m	$485K	$759K	20x

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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → +0.065%: −$11.69
Slippage, 4 orders: −$847.38
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$884.07
Costs to cover: 8.724%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Gate: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	2.59 bp	15.3 bp −$15	82.4 bp −$824	doesn't fit	doesn't fit
Sell Gate live order book, 26 min ago	5.16 bp	237.1 bp −$237	doesn't fit	doesn't fit	doesn't fit

DEXE on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DEXE/USDC PERP	+0.0033%	1h	1.8600	−3.727%	—	$3K	5.5x	as long as short
Aster DEXEUSDT	+0.0100%	4h	1.9319	−0.003%	$171K	$36K	5x	as long as short
Binance DEXEUSDTlong	+0.0100%	4h	1.9320	long leg	$7.0M	$8.5M	20x
Bybit DEXEUSDT	+0.0100%	4h	1.9330	+0.052%	$2.4M	$896K	20x	as long as short
Gate DEXE_USDTshort	+0.0100%	4h	1.9310	−0.052%	$485K	$759K	20x
MEXC DEXE_USDT	+0.0100%	4h	1.9290	−0.155%	$1.8M	$209K	20x	as long as short
Bitget DEXEUSDT	+0.0100%	4h	1.9310	−0.052%	$3.2M	$509K	10x	as long as short
BingX DEXE-USDT	+0.0100%	4h	1.9320	0.000%	—	$1.8M	—	as long as short
Variational Omni DEXE	+0.0100%	4h	1.9314	−0.029%	$35K	$2K	—	as long as short
Orderly PERP_DEXE_USDC_mythos	+0.0100%	4h	1.9290	−0.155%	$8K	—	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DEXEUSD	+0.0236%	1h	1.9313	−0.035%	$41K	$65K	20x	as long as short
BloFin DEXE-USDT	+0.0340%	4h	1.9310	−0.052%	$393K	$30K	20x	as long as short