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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h 0.000%
Price spread now: Extended against Bitget−0.252%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3703.704% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.252%, 7d avg −0.103%
Together, before fees+0.364%+ Points / potential airdropExtended: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.148% cheaper against Bitget than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of −0.103%). If the spread goes back, that is −$15 on $10k: about 4.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USUSDT0.016080.0100pay 0.0050% / 4h24m 27s$4.2M$263K10x
ShortExtended US-USD0.016040.0224get 0.0028% / 1h24m 27s$2K$203K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$26.04
Price spread: −0.252% → −0.103%
−$14.82
Slippage, 4 orders
−$353.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$359.18
Costs to cover
3.704%
Break-even
103.6 days
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 49 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, 4 min ago16.98 bp60.6 bp −$61632.4 bp −$6,324doesn't fitdoesn't fit
Sell Extended live order book, 49 min ago6.44 bp138.1 bp −$138doesn't fitdoesn't fitdoesn't fit

US on 11 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
KuCoin USUSDTM−0.1056%4h0.01595−0.833%$3.8M$480K20xas long as short
Aster USUSDT+0.0100%4h0.01596−0.753%$12K$53K5xas long as short
Bybit USUSDT+0.0100%4h0.01605−0.155%$3.2M$960K20xas long as short
Gate US_USDT+0.0100%4h0.01599−0.547%$2.0M$639K20xas long as short
Bitget USUSDTlong+0.0100%4h0.01608long leg$4.2M$263K10x
Variational Omni US+0.0100%4h0.01590−1.100%$16K$4Kas long as short
Extended US-USDshort+0.0224%1h0.01604−0.252%$2K$203K5x
MEXC US_USDT+0.0224%4h0.01606−0.137%$5.4M$116K100xas long as short
Binance USUSDT+0.0225%4h0.01603−0.292%$9.0M$3.4M10xas long as short
BingX US-USDT+0.0226%4h0.01603−0.286%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0245%4h0.01590−1.101%$476K$47K10xas long as short