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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against BloFin−0.412%102s7-day average · you buy dearer than you sell
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 7 days−0.030%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.412% cheaper against BloFin than usual: you would sell low and buy high, −$41 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAFE-USDT0.10940.0098pay 0.0049% / 4h1h 17m$74K$6K50x
ShortBybit SAFEUSDT0.10890.0100get 0.0050% / 4h1h 17m$1.3M$616K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$0.37
Price spread: −0.412% → 0.000%
−$41.15
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$63.78
Costs to cover
0.230%
Break-even
1201.7 days
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 3 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 BloFin no order-book sample
Sell Bybit live order book, 3 min ago5.04 bp62.6 bp −$63261.2 bp −$2,612doesn't fitdoesn't fit
BloFin: 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.

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%1h0.1002−8.368%$9$19K5.5xas long as short
BloFin SAFE-USDTlong+0.0098%4h0.1094long leg$74K$6K50x
Binance SAFEUSDT+0.0100%4h0.1093−0.073%$1.1M$2.1M50xas long as short
Bybit SAFEUSDTshort+0.0100%4h0.1089−0.412%$1.3M$616K25x
MEXC SAFE_USDT+0.0100%4h0.1093−0.055%$399K$129K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1092−0.137%$390K$267K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1091−0.201%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1091−0.233%$3K$3Kas long as short
Gate SAFE_USDT+0.0124%4h0.1093−0.037%$712K$69K50xas long as short