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

RE

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SwapBacktest
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 0.000%
Price spread now: Bybit against Binance+0.105%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1411.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 7 days−0.059%−$6 · spread now +0.105%, 7d avg +0.024%
Together, before fees−0.207%−$21 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 0.081% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REUSDT0.46150.0100pay 0.0050% / 4h2h 39m$8.3M$8.1M50x
ShortBybit REUSDT0.46200.0100get 0.0050% / 4h2h 39m$1.3M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.105% → +0.024%
$8.06
Slippage, 4 orders
−$119.73
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$132.67
Costs to cover
1.407%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 2 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 Binance live order book, 15 min ago1.08 bp16.5 bp −$1676.7 bp −$767doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.24 bp74.6 bp −$75doesn't fitdoesn't fitdoesn't fit

RE on 14 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
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4619+0.094%150xas long as short
OKX RE-USDT-SWAP+0.0019%4h0.4615−0.012%$1.7M$3.4M20xas long as short
Aster REUSDT+0.0100%4h0.4621+0.131%$25K$17K20xas long as short
Binance REUSDTlong+0.0100%4h0.4615long leg$8.3M$8.1M50x
Bybit REUSDTshort+0.0100%4h0.4620+0.105%$1.3M$1.2M20x
Gate RE_USDT+0.0100%4h0.4619+0.088%$418K$921K20xas long as short
MEXC RE_USDT+0.0100%4h0.4617+0.040%$1.3M$439K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4622+0.148%$1.4M$926K20xas long as short
Bitget REUSDT+0.0100%4h0.4619+0.086%$1.8M$541K20xas long as short
BingX RE-USDT+0.0100%4h0.4616+0.018%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4618+0.072%$8K$217K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4616+0.018%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4616+0.018%$7845xas long as short
BloFin RE-USDT+0.0159%4h0.4617+0.040%$360K$20K50xas long as short