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

S

all S markets
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 −0.004%
Price spread now: Binance against Bitget−0.060%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$830.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days−0.035%−$3 · spread now −0.060%, 7d avg −0.040%
Together, before fees−0.046%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSDT0.039140.0100pay 0.0050% / 4h1h 01m$1.2M$2.5M50x
ShortBinance SUSDT0.039120.0100get 0.0050% / 4h1h 01m$5.3M$18.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: −0.060% → −0.040%
−$1.95
Slippage, 4 orders
−$60.7
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.65
Costs to cover
0.827%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; Binance: live order book, 9 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, 11 min ago5.13 bp21.1 bp −$2168.8 bp −$688doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.28 bp19.0 bp −$1958.0 bp −$580doesn't fitdoesn't fit

S on 25 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
01 Exchange SUSD−0.2080%1h0.03840−1.891%$23K$2K5xas long as short
Kraken Futures PF_SUSD−0.1598%1h0.03912−0.055%$33K$25K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−2.248%$47K$5K25xas long as short
Variational Omni S−0.0957%4h0.03896−0.461%$606K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0198% / S +0.0192%1h0.03921+0.169%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03911−0.071%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03920+0.161%$604150xas long as short
Orderly PERP_S_USDC+0.0031%4h0.03918+0.102%$100K$343K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+4.752%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03920+0.153%$164K$223K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03918+0.100%$982K$713K5xas long as short
Aster SUSDT+0.0100%4h0.03920+0.143%$43K$212K10xas long as short
Binance SUSDTshort+0.0100%4h0.03912−0.060%$5.3M$18.0M75x
Bybit SUSDT+0.0100%4h0.03906−0.204%$5.6M$5.4M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03912−0.051%$975K$5.4M20xas long as short
Gate S_USDT+0.0100%4h0.03910−0.102%$319K$266K50xas long as short
MEXC S_USDT+0.0100%4h0.03918+0.102%$3.6M$2.3M200xas long as short
KuCoin SUSDTM+0.0100%4h0.039140.000%$1.8M$3.0M50xas long as short
Bitget SUSDTlong+0.0100%4h0.03914long leg$1.2M$2.5M50x
BingX S-USDT+0.0100%4h0.039140.000%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03910−0.102%$25K$452K50xas long as short
Extended S-USD+0.0104%1h0.03913−0.032%$219K$877K10xas long as short
Deribit S_USDC-PERPETUAL+0.0260%1h0.03923+0.230%$66K$10K10xas long as short
BloFin S-USDT+0.0340%4h0.039140.000%$266K$125K75xas long as short
Backpack S_USDC_PERP+0.0394%1h0.03920+0.153%$114K$302K5xas long as short