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

YB

all YB 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: Bybit against Gate−0.101%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,310as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,321as in the Price arb table
costs, in and out, $10k−$1,31013.102% 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)+0.191%+$19 · spread now −0.101%, 7d avg +0.005%
Together, before fees+0.191%+$19 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: Bybit is 0.106% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate YB_USDT0.089200.0100pay 0.0050% / 4h4m 47s$103K$17K20x
ShortBybit YBUSDT0.089110.0100get 0.0050% / 4h4m 47s$592K$63K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.101% → +0.005%
−$10.59
Slippage, 4 orders
−$1,284.16
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,320.74
Costs to cover
13.102%
Break-even
never at this rate
Slippage from Gate: live order book, 45 min ago; Bybit: live order book, 45 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 Gate live order book, 45 min ago11.29 bp262.9 bp −$263doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 45 min ago5.09 bp193.0 bp −$193doesn't fitdoesn't fitdoesn't fit

YB on 12 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
BloFin YB-USDT+0.0079%4h0.08923+0.034%$102K$9K20xas long as short
Binance YBUSDT+0.0100%4h0.08917−0.032%$2.1M$931K20xas long as short
Bybit YBUSDTshort+0.0100%4h0.08911−0.101%$592K$63K25x
OKX YB-USDT-SWAP+0.0100%4h0.08915−0.056%$404K$158K20xas long as short
Gate YB_USDTlong+0.0100%4h0.08920long leg$103K$17K20x
MEXC YB_USDT+0.0100%4h0.08900−0.224%$632K$115K50xas long as short
KuCoin YBUSDTM+0.0100%4h0.08910−0.112%$183K$15K20xas long as short
Bitget YBUSDT+0.0100%4h0.089200.000%$545K$30K10xas long as short
BingX YB-USDT+0.0100%4h0.08913−0.078%$6.5Mas long as short
Variational Omni YB+0.0100%4h0.08919−0.012%$914$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX YB-USDT+0.0100%4h0.09110+2.130%$2K$1.2M20xas long as short
Aster YBUSDT+0.0222%4h0.089200.000%$7K$2K5xas long as short