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 Bybit+0.300%7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2152.147% 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−0.025%−$3 · spread now +0.300%, 7d avg +0.241%
Together, before fees−0.002%$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 0.059% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.241%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SAFEUSDT0.10890.0100pay 0.0050% / 4h1h 17m$1.3M$616K25x
ShortBinance SAFEUSDT0.10920.0100get 0.0050% / 4h1h 17m$1.1M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.300% → +0.241%
$5.87
Slippage, 4 orders
−$193.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$208.87
Costs to cover
2.147%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago5.04 bp73.6 bp −$74220.2 bp −$2,202doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago4.12 bp44.0 bp −$44135.5 bp −$1,355doesn'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
BloFin SAFE-USDT+0.0098%4h0.1094+0.413%$74K$6K50xas long as short
Binance SAFEUSDTshort+0.0100%4h0.1092+0.300%$1.1M$2.1M50x
Bybit SAFEUSDTlong+0.0100%4h0.1089long leg$1.3M$616K25x
MEXC SAFE_USDT+0.0100%4h0.1092+0.275%$399K$129K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1092+0.275%$390K$267K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1091+0.211%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1091+0.179%$3K$3Kas long as short
Gate SAFE_USDT+0.0132%4h0.1093+0.376%$712K$69K50xas long as short