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: Binance against OKX+0.158%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1811.806% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.158%, 7d avg +0.136%
Together, before fees+0.068%+$7 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 0.021% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX YB-USDT-SWAP0.088800.0100pay 0.0050% / 4h27m 09s$402K$157K20x
ShortBinance YBUSDT0.088940.0100get 0.0050% / 4h27m 09s$2.1M$935K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.158% → +0.136%
$2.12
Slippage, 4 orders
−$160.58
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$178.46
Costs to cover
1.806%
Break-even
never at this rate
Slippage from OKX: live order book, 28 min ago; Binance: live order book, 7 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 OKX live order book, 28 min ago3.96 bp51.5 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago0.56 bp37.3 bp −$37193.2 bp −$1,932doesn'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
Binance YBUSDTshort+0.0100%4h0.08894+0.158%$2.1M$935K20x
Bybit YBUSDT+0.0100%4h0.08900+0.225%$590K$62K25xas long as short
OKX YB-USDT-SWAPlong+0.0100%4h0.08880long leg$402K$157K20x
Gate YB_USDT+0.0100%4h0.08900+0.225%$102K$17K20xas long as short
MEXC YB_USDT+0.0100%4h0.08890+0.113%$632K$111K50xas long as short
KuCoin YBUSDTM+0.0100%4h0.08890+0.113%$182K$15K20xas long as short
Bitget YBUSDT+0.0100%4h0.08885+0.056%$543K$30K10xas long as short
BingX YB-USDT+0.0100%4h0.08887+0.079%$6.5Mas long as short
Variational Omni YB+0.0100%4h0.08907+0.309%$911$2Kas long as short
SunX YB-USDT+0.0100%4h0.09080+2.252%$2K$1.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster YBUSDT+0.0131%4h0.08903+0.261%$7K$2K5xas long as short
BloFin YB-USDT+0.0132%4h0.08913+0.372%$102K$9K20xas long as short