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

SAFE

all SAFE 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 0.000%
Price spread now: Bybit against Binance−0.233%7-day average −0.240% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1981.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days−0.004%$0 · spread now −0.233%, 7d avg −0.240%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAFEUSDT0.10750.0100pay 0.0050% / 4h1h 15m$1.1M$2.1M50x
ShortBybit SAFEUSDT0.10720.0100get 0.0050% / 4h1h 15m$1.3M$644K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.233% → −0.240%
$0.75
Slippage, 4 orders
−$177.34
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$197.59
Costs to cover
1.983%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago2.79 bp33.9 bp −$34200.1 bp −$2,001doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.87 bp56.6 bp −$57217.3 bp −$2,173doesn'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%1h0.1002−6.756%$9$19K5.5xas long as short
BloFin SAFE-USDT+0.0065%4h0.1076+0.121%$73K$5K50xas long as short
Binance SAFEUSDTlong+0.0100%4h0.1075long leg$1.1M$2.1M50x
Bybit SAFEUSDTshort+0.0100%4h0.1072−0.233%$1.3M$644K25x
Gate SAFE_USDT+0.0100%4h0.1073−0.140%$701K$70K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1075+0.019%$391K$138K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1075+0.037%$404K$256K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1074−0.075%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1072−0.273%$3K$3Kas long as short