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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Bybit+0.177%82s7-day average · you sell dearer than you buy
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+0.029%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.177% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SAFEUSDT0.10730.0100pay 0.0050% / 4h27m 59s$1.3M$648K25x
ShortBloFin SAFE-USDT0.10750.0133get 0.0066% / 4h27m 59s$73K$6K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$6.93
Price spread: +0.177% → 0.000%
$17.71
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.64
Costs to cover
0.230%
Break-even
5.3 days
Slippage unknown: Bybit: live order book, 3 min ago; BloFin: no order-book sample. 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 Bybit live order book, 3 min ago3.73 bp73.9 bp −$74256.1 bp −$2,561doesn't fitdoesn't fit
Sell BloFin no order-book sample
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%1h0.1002−6.582%$9$19K5.5xas long as short
Binance SAFEUSDT+0.0100%4h0.1075+0.233%$1.1M$2.1M50xas long as short
Bybit SAFEUSDTlong+0.0100%4h0.1073long leg$1.3M$648K25x
Gate SAFE_USDT+0.0100%4h0.1074+0.103%$701K$71K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1075+0.261%$391K$137K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1075+0.224%$403K$257K50xas long as short
BingX SAFE-USDT+0.0100%4h0.1074+0.103%$6.5Mas long as short
Variational Omni SAFE+0.0100%4h0.1073+0.049%$3K$3Kas long as short
BloFin SAFE-USDTshort+0.0133%4h0.1075+0.177%$73K$6K50x