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

DEXE

all DEXE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget+0.052%45s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$830.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 3 days (all we have)−0.159%−$16 · spread now +0.052%, 7d avg −0.007%
Together, before fees+0.075%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.059% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget DEXEUSDT1.94100.0100pay 0.0050% / 4h58m 36s$3.2M$524K10x
ShortBloFin DEXE-USDT1.94200.0340get 0.0170% / 4h58m 36s$394K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: +0.052% → −0.007%
$5.86
Slippage, 4 orders
−$58.79
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$26.53
Costs to cover
0.828%
Break-even
10.7 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 17 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, 4 min ago5.16 bp21.5 bp −$2171.1 bp −$711doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago7.76 bp17.5 bp −$1827.2 bp −$272doesn't fitdoesn't fit

DEXE 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
Injective DEXE/USDC PERP+0.0033%1h1.8600−4.173%$3K5.5xas long as short
Aster DEXEUSDT+0.0100%4h1.9412+0.010%$172K$35K5xas long as short
Binance DEXEUSDT+0.0100%4h1.9425+0.079%$7.0M$8.6M20xas long as short
Bybit DEXEUSDT+0.0100%4h1.9449+0.201%$2.4M$899K20xas long as short
Gate DEXE_USDT+0.0100%4h1.9430+0.103%$485K$762K20xas long as short
MEXC DEXE_USDT+0.0100%4h1.9420+0.052%$1.9M$206K20xas long as short
Bitget DEXEUSDTlong+0.0100%4h1.9410long leg$3.2M$524K10x
BingX DEXE-USDT+0.0100%4h1.9430+0.103%$1.8Mas long as short
Variational Omni DEXE+0.0100%4h1.9442+0.167%$35K$2Kas long as short
Orderly PERP_DEXE_USDC_mythos+0.0100%4h1.94100.000%$8K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEXE-USDTshort+0.0340%4h1.9420+0.052%$394K$30K20x
Kraken Futures PF_DEXEUSD+0.0681%1h1.9412+0.011%$43K$57K20xas long as short