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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.075%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1391.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.075%, 7d avg −0.037%
Together, before fees+0.080%+$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: Bitget is 0.038% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAFEUSDT0.10970.0100pay 0.0050% / 4h3h 08m$1.1M$1.8M50x
ShortBitget SAFEUSDT0.10960.0100get 0.0050% / 4h3h 08m$385K$236K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.075% → −0.037%
−$3.75
Slippage, 4 orders
−$116.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$142.35
Costs to cover
1.386%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 37 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, 10 min ago3.63 bp39.8 bp −$40192.7 bp −$1,927doesn't fitdoesn't fit
Sell Bitget live order book, 37 min ago4.56 bp29.6 bp −$30119.5 bp −$1,195doesn't fitdoesn't fit

SAFE on 9 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
Injective SAFE/USDC PERP+0.0033%1h0.1002−8.645%$9$19K5.5xas long as short
BloFin SAFE-USDT+0.0085%4h0.1098+0.107%$73K$5K50xas long as short
Binance SAFEUSDTlong+0.0100%4h0.1097long leg$1.1M$1.8M50x
Bybit SAFEUSDT+0.0100%4h0.1093−0.357%$1.4M$485K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1097+0.016%$714K$58K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1096−0.029%$413K$126K100xas long as short
Bitget SAFEUSDTshort+0.0100%4h0.1096−0.075%$385K$236K50x
BingX SAFE-USDT+0.0100%4h0.1095−0.139%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1096−0.093%$3K$3Kas long as short