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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.035%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1641.641% 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)+0.005%$0 · spread now −0.035%, 7d avg +0.037%
Together, before fees+0.005%$0 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 0.073% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SAFEUSDT0.10890.0100pay 0.0050% / 4h32m 04s$388K$268K50x
ShortBinance SAFEUSDT0.10890.0100get 0.0050% / 4h32m 04s$1.1M$2.1M50x

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: −0.035% → +0.037%
−$7.26
Slippage, 4 orders
−$142.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$171.31
Costs to cover
1.641%
Break-even
never at this rate
Slippage from Bitget: live order book, 18 min ago; Binance: live order book, 2 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, 18 min ago9.24 bp33.4 bp −$33221.9 bp −$2,219doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago3.69 bp41.7 bp −$42141.2 bp −$1,412doesn'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%1h0.1002−7.989%$9$19K5.5xas long as short
Binance SAFEUSDTshort+0.0100%4h0.1089−0.035%$1.1M$2.1M50x
Bybit SAFEUSDT+0.0100%4h0.1086−0.303%$1.3M$615K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1086−0.275%$708K$68K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1089−0.046%$397K$127K100xas long as short
Bitget SAFEUSDTlong+0.0100%4h0.1089long leg$388K$268K50x
BingX SAFE-USDT+0.0100%4h0.1087−0.147%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1078−1.009%$3K$3Kas long as short
BloFin SAFE-USDT+0.0154%4h0.1085−0.376%$74K$6K50xas long as short