Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.085%

Price spread now: Gate against Bybit+0.122%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$850.845% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days−0.126%−$13 · spread now +0.122%, 7d avg +0.037%

Together, before fees−0.021%−$2 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: Gate is 0.085% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMATUSDT	466.23	0	get 0.0000% / 8h	48m 01s	$934K	$651K	25x
Short	Gate AMAT_USDT	466.80	0	get 0.0000% / 8h	48m 01s	$2.0M	$6.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.122%Rate

Funding earned: $0
Price spread: +0.122% → +0.037%: $8.5
Slippage, 4 orders: −$58.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$76.02
Costs to cover: 0.845%
Break-even: never at this rate

Slippage from Bybit: live order book, 27 min ago; Gate: live order book, just now.

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, 27 min ago	2.25 bp	12.7 bp −$13	98.3 bp −$983	doesn't fit	doesn't fit
Sell Gate live order book, just now	1.07 bp	26.6 bp −$27	75.7 bp −$757	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	466.13	−0.022%	$10K	$11K	20x	as long as short
Bybit AMATUSDTlong	0.0000%	8h	466.23	long leg	$934K	$651K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	467.23	+0.214%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDTshort	0.0000%	8h	466.80	+0.122%	$2.0M	$6.4M	50x
Bitget AMATUSDT	0.0000%	8h	466.59	+0.077%	$2.1M	$1.7M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	466.34	+0.024%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	465.95	−0.060%	$406K	$408K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	466.55	+0.069%	$1K	$385K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	467.59	+0.292%	$170K	$40K	20x	as long as short
Variational Omni AMAT	+0.0241%	8h	466.08	−0.033%	$76K	$14K	—	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	+0.0266%	1h	466.19	−0.009%	$2.6M	$2.5M	10x	as long as short
BloFin AMAT-USDT	+0.0345%	8h	466.38	+0.032%	$109K	$80K	20x	as long as short
Phoenix AMAT	+0.0360%	1h	466.22	−0.002%	$19K	$131K	10x	as long as short
Binance AMATUSDT	+0.0366%	8h	466.39	+0.035%	$8.9M	$12.8M	20x	as long as short
Extended AMAT-USD	+0.0368%	1h	466.31	+0.018%	$5K	$27K	10x	as long as short
GRVT AMAT_USDT_Perp	+0.0586%	8h	466.15	−0.017%	$5	$100K	10x	as long as short