Funding arb · Price arb /

AMAT

RWAall AMAT markets

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 +0.057%

Price spread now: Binance against Bybit−0.004%7-day average +0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

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

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.372%+$37 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.004%, 7d avg +0.068%

Together, before fees+0.427%+$43 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 0.071% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMATUSDT	460.51	0	get 0.0000% / 8h	38m 26s	$826K	$703K	25x
Short	Binance AMATUSDT	460.49	0	get 0.0000% / 8h	38m 26s	$8.4M	$14.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → +0.068%: −$7.14
Slippage, 4 orders: −$39.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.84
Costs to cover: 0.607%
Break-even: never at this rate

Slippage from Bybit: live order book, 62 min ago; Binance: live order book, 2 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 Bybit live order book, 62 min ago	2.40 bp	20.4 bp −$20	113.7 bp −$1,137	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	1.63 bp	10.7 bp −$11	42.1 bp −$421	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
Bitget AMATUSDT	−0.0426%	8h	460.80	+0.063%	$1.9M	$1.8M	20x	as long as short
Gate AMAT_USDT	−0.0047%	8h	460.70	+0.041%	$1.6M	$6.0M	50x	as long as short
BloFin AMAT-USDT	0.0000%	8h	460.53	+0.004%	$107K	$120K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	460.44	−0.016%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	460.34	−0.037%	$5K	$27K	10x	as long as short
Binance AMATUSDTshort	0.0000%	8h	460.49	−0.004%	$8.4M	$14.2M	20x
Bybit AMATUSDTlong	0.0000%	8h	460.51	long leg	$826K	$703K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	461.12	+0.132%	$1.3M	$1.6M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	461.02	+0.111%	$62K	$45K	—	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	460.98	+0.102%	$539	$112K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMAT	+0.0002%	1h	460.30	−0.046%	$2.1M	$2.6M	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	460.54	+0.007%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	460.06	−0.098%	$398K	$538K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	460.70	+0.041%	$1K	$381K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	462.18	+0.363%	$168K	$39K	20x	as long as short
Phoenix AMAT	+0.0174%	1h	461.24	+0.159%	$18K	$114K	10x	as long as short