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

RE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against Binance−0.034%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.034%, 7d avg −0.009%
Together, before fees−0.083%−$8 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: OKX is 0.026% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REUSDT0.46780.0100pay 0.0050% / 4h1h 39m$8.4M$8.4M50x
ShortOKX RE-USDT-SWAP0.46760.0100get 0.0050% / 4h1h 39m$1.8M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.034% → −0.009%
−$2.56
Slippage, 4 orders
−$42.59
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$65.16
Costs to cover
0.626%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; OKX: live order book, 3 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 ago1.07 bp15.1 bp −$1586.1 bp −$861doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.11 bp14.9 bp −$1556.6 bp −$566doesn'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%1h0.4679+0.017%150xas long as short
Aster REUSDT+0.0100%4h0.4684+0.133%$35K$27K20xas long as short
Binance REUSDTlong+0.0100%4h0.4678long leg$8.4M$8.4M50x
Bybit REUSDT+0.0100%4h0.4681+0.064%$1.5M$1.3M20xas long as short
OKX RE-USDT-SWAPshort+0.0100%4h0.4676−0.034%$1.8M$3.4M20x
Gate RE_USDT+0.0100%4h0.4684+0.124%$421K$941K20xas long as short
MEXC RE_USDT+0.0100%4h0.4679+0.021%$1.2M$432K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4683+0.115%$1.4M$965K20xas long as short
Bitget REUSDT+0.0100%4h0.4683+0.105%$1.8M$603K20xas long as short
BingX RE-USDT+0.0100%4h0.4676−0.043%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4673−0.104%$8K$219K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4684+0.128%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4677−0.014%$7965xas long as short
BloFin RE-USDT+0.0130%4h0.4672−0.128%$369K$68K50xas long as short