Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: OKX against Bitget+0.100%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$610.607% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.287%+$29 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.100%, 7d avg +0.018%

Together, before fees+0.276%+$28 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: OKX is 0.081% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AMATUSDT	470.76	0	get 0.0000% / 8h	4h 41m	$2.1M	$1.7M	20x
Short	OKX AMAT-USDT-SWAP	471.23	0	get 0.0000% / 8h	4h 41m	$1.4M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BitgetbpFee OKXbpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → +0.018%: $8.15
Slippage, 4 orders: −$38.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$52.57
Costs to cover: 0.607%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	1.49 bp	14.4 bp −$14	30.4 bp −$304	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	3.29 bp	13.4 bp −$13	doesn't fit	doesn't fit	doesn't fit

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMATUSDT	0.0000%	8h	470.72	−0.009%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.72	−0.008%	$899K	$656K	25x	as long as short
OKX AMAT-USDT-SWAPshort	0.0000%	8h	471.23	+0.100%	$1.4M	$1.6M	20x
Bitget AMATUSDTlong	0.0000%	8h	470.76	long leg	$2.1M	$1.7M	20x
GRVT AMAT_USDT_Perp	0.0000%	8h	470.50	−0.055%	$136	$100K	10x	as long as short
Variational Omni AMAT	+0.0003%	8h	470.35	−0.086%	$66K	$44K	—	as long as short
BloFin AMAT-USDT	+0.0040%	8h	470.81	+0.011%	$110K	$94K	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.46	−0.064%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.47	−0.062%	$2.6M	$2.3M	10x	as long as short
Binance AMATUSDT	+0.0061%	8h	470.78	+0.003%	$8.9M	$12.6M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended AMAT-USD	+0.0064%	1h	470.64	−0.026%	$5K	$27K	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	470.35	−0.087%	$413K	$502K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.61	−0.032%	$1K	$364K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	472.16	+0.297%	$172K	$39K	20x	as long as short
Phoenix AMAT	+0.0221%	1h	470.42	−0.072%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0411%	8h	470.70	−0.013%	$1.7M	$6.3M	50x	as long as short