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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.5284%/8h= +578.6% APRpaid last 24h +2.281%
Price spread now: BloFin against 01 Exchange+3.039%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$159 a day on $10k at the current rate, and BloFin is 3.039% dearer against 01 Exchange than usual: you sell high and buy low: +$304 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SUSD0.03850−0.4944get 0.0618% / 1h12m 14s$24K$2K5x
ShortBloFin S-USDT0.039670.0340get 0.0170% / 4h3h 12m$273K$102K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against 01 Exchange. 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
$1,109.64
Price spread: +3.039% → 0.000%
$303.9
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1,394.54
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell BloFin live order book, 17 min ago5.05 bp21.4 bp −$2154.9 bp −$549doesn't fitdoesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SUSDlong−0.4944%1h0.03850long leg$24K$2K5x
Kraken Futures PF_SUSD−0.2251%1h0.03958+2.805%$33K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1344%1h0.03927+2.000%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.03961+2.883%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03961+2.873%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03962+2.907%$611150xas long as short
Variational Omni S+0.0008%4h0.03962+2.917%$615K$30Kas long as short
Injective S/USDC PERP+0.0033%1h0.04100+6.494%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0082%4h0.03964+2.961%$98K$293K10xas long as short
Lighter S+0.0096%1h0.03968+3.065%$168K$157K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03962+2.914%$993K$590K5xas long as short
Aster SUSDT+0.0100%4h0.03965+2.985%$46K$142K10xas long as short
Binance SUSDT+0.0100%4h0.03963+2.935%$5.5M$13.8M75xas long as short
Bybit SUSDT+0.0100%4h0.03956+2.753%$5.7M$4.4M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03961+2.883%$984K$3.8M20xas long as short
Gate S_USDT+0.0100%4h0.03960+2.857%$322K$191K50xas long as short
MEXC S_USDT+0.0100%4h0.03961+2.883%$3.6M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03960+2.857%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.03964+2.961%$1.2M$2.3M50xas long as short
BingX S-USDT+0.0100%4h0.03961+2.883%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03970+3.117%$24K$464K50xas long as short
Extended S-USD+0.0104%1h0.03960+2.854%$225K$593K10xas long as short
BloFin S-USDTshort+0.0340%4h0.03967+3.039%$273K$102K75x
Deribit S_USDC-PERPETUAL+0.0760%1h0.03966+3.013%$67K$10K10xas long as short
Backpack S_USDC_PERP+0.1415%1h0.03980+3.377%$116K$423K5xas long as short