Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0352%/8h= −38.5% APRpaid last 24h −0.049%

Price spread now: OKX against Extended+0.025%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.025% dearer against Extended than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AMAT-USD	469.98	0.0352	pay 0.0044% / 1h	41m 53s	$5K	$27K	10x
Short	OKX AMAT-USDT-SWAP	470.10	0	get 0.0000% / 8h	6h 41m	$1.4M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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 ExtendedbpFee OKXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$73.92
Price spread: +0.025% → 0.000%: $2.45
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$86.47
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.

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 Extended no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	2.98 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	469.69	−0.062%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	469.92	−0.014%	$901K	$650K	25x	as long as short
OKX AMAT-USDT-SWAPshort	0.0000%	8h	470.10	+0.025%	$1.4M	$1.6M	20x
GRVT AMAT_USDT_Perp	0.0000%	8h	469.82	−0.036%	$691	$98K	10x	as long as short
Bitget AMATUSDT	+0.0001%	8h	470.29	+0.065%	$2.1M	$1.7M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	469.71	−0.058%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	469.78	−0.044%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	469.31	−0.144%	$409K	$468K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.16	+0.037%	$959	$372K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	470.91	+0.197%	$171K	$39K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0220%	1h	469.90	−0.018%	$19K	$110K	10x	as long as short
Variational Omni AMAT	+0.0299%	8h	469.62	−0.077%	$87K	$23K	—	as long as short
Extended AMAT-USDlong	+0.0352%	1h	469.98	long leg	$5K	$27K	10x
Binance AMATUSDT	+0.0352%	8h	470.11	+0.027%	$8.9M	$12.6M	20x	as long as short
BloFin AMAT-USDT	+0.0369%	8h	469.90	−0.018%	$110K	$86K	20x	as long as short
Gate AMAT_USDT	+0.0395%	8h	470.00	+0.003%	$1.7M	$6.4M	50x	as long as short