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

YB

all YB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against OKX+0.299%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2182.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.482%−$48 · spread now +0.299%, 7d avg +0.144%
Together, before fees−0.441%−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.155% dearer against OKX than usual: you sell high and buy low (spread +0.299% now, against its 7-day average of +0.144%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX YB-USDT-SWAP0.090420.0100pay 0.0050% / 4h1h 07m$418K$224K20x
ShortBloFin YB-USDT0.090690.0082get 0.0041% / 4h1h 07m$104K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$3.88
Price spread: +0.299% → +0.144%
$15.49
Slippage, 4 orders
−$196
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$206.38
Costs to cover
2.180%
Break-even
never at this rate
Slippage from OKX: live order book, 34 min ago; BloFin: live order book, 64 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, 34 min ago3.32 bp84.4 bp −$84doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 64 min ago2.78 bp37.7 bp −$38107.5 bp −$1,075doesn'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-USDTshort+0.0082%4h0.09069+0.299%$104K$13K20x
Aster YBUSDT+0.0100%4h0.09072+0.327%$7K$2K5xas long as short
Binance YBUSDT+0.0100%4h0.09064+0.243%$2.1M$1.1M20xas long as short
Bybit YBUSDT+0.0100%4h0.09057+0.166%$598K$101K25xas long as short
OKX YB-USDT-SWAPlong+0.0100%4h0.09042long leg$418K$224K20x
Gate YB_USDT+0.0100%4h0.09070+0.310%$105K$23K20xas long as short
MEXC YB_USDT+0.0100%4h0.09040−0.022%$628K$129K50xas long as short
KuCoin YBUSDTM+0.0100%4h0.09070+0.310%$215K$29K20xas long as short
Bitget YBUSDT+0.0100%4h0.09069+0.299%$553K$28K10xas long as short
BingX YB-USDT+0.0100%4h0.09055+0.144%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni YB+0.0100%4h0.09059+0.192%$3K$3Kas long as short
SunX YB-USDT+0.0100%4h0.09250+2.300%$2K$1.4M20xas long as short