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

RE

all RE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.064%51s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.064%, 7d avg +0.023%
Together, before fees+0.272%+$27 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: Binance is 0.087% cheaper against BloFin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RE-USDT0.46890.0098pay 0.0049% / 4h3h 58m$370K$69K50x
ShortBinance REUSDT0.46860.0100get 0.0050% / 4h3h 58m$8.4M$8.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$0.52
Price spread: −0.064% → +0.023%
−$8.67
Slippage, 4 orders
−$39.54
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$69.68
Costs to cover
0.615%
Break-even
936.7 days
Slippage from BloFin: live order book, 37 min ago; Binance: live order book, 11 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 BloFin live order book, 37 min ago3.23 bp15.5 bp −$1540.5 bp −$405doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.07 bp17.3 bp −$1778.2 bp −$782doesn'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%1h0.4686−0.064%150xas long as short
BloFin RE-USDTlong+0.0098%4h0.4689long leg$370K$69K50x
Aster REUSDT+0.0100%4h0.4691+0.037%$36K$26K20xas long as short
Binance REUSDTshort+0.0100%4h0.4686−0.064%$8.4M$8.8M50x
Bybit REUSDT+0.0100%4h0.4685−0.085%$1.5M$1.3M20xas long as short
OKX RE-USDT-SWAP+0.0100%4h0.4687−0.038%$1.9M$3.6M20xas long as short
Gate RE_USDT+0.0100%4h0.4691+0.047%$423K$941K20xas long as short
MEXC RE_USDT+0.0100%4h0.4685−0.085%$1.2M$436K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4690+0.017%$1.4M$985K20xas long as short
Bitget REUSDT+0.0100%4h0.4687−0.041%$1.8M$640K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RE-USDT+0.0100%4h0.4686−0.064%$1.7Mas long as short
edgeX REUSDC+0.0100%4h0.4688−0.026%$8K$221K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.46890.000%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4684−0.111%$7975xas long as short