Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.076%

Price spread now: tradeXYZ against GRVT+0.013%106s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.349%−$35 on $10k

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.349%, so the current rate has only just turned in your favour. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AMAT_USDT_Perp	469.65	0	get 0.0000% / 8h	5h 51m	$629	$101K	10x
Short	tradeXYZ xyz:AMAT	469.71	0.0050	get 0.0006% / 1h	51m 46s	$2.6M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against GRVT. 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 GRVTbpFee tradeXYZbpOrdersPrice spread, now +0.013%Rate

Funding earned: $10.5
Price spread: +0.013% → 0.000%: $1.28
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$15.22
Costs to cover: 0.270%
Break-even: 17.1 days

Slippage unknown: GRVT: live order book, 1 min ago; tradeXYZ: live order book, 6 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 GRVT live order book, 1 min ago	1.91 bp	11.2 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	2.56 bp	12.3 bp −$12	doesn't fit	doesn't fit	doesn't fit

AMAT on 15 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	469.38	−0.058%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	469.79	+0.030%	$900K	$653K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	470.22	+0.121%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	469.95	+0.064%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perplong	0.0000%	8h	469.65	long leg	$629	$101K	10x
Vest AMAT-USD-PERP	+0.0046%	1h	469.60	−0.011%	—	—	10x	as long as short
tradeXYZ xyz:AMATshort	+0.0050%	1h	469.71	+0.013%	$2.6M	$2.3M	10x
KuCoin AMATUSDTM	+0.0100%	8h	469.50	−0.032%	$413K	$472K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.26	+0.130%	$973	$366K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	471.10	+0.309%	$171K	$39K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMAT	+0.0172%	8h	469.84	+0.040%	$65K	$44K	—	as long as short
Phoenix AMAT	+0.0204%	1h	469.64	−0.002%	$19K	$110K	10x	as long as short
Binance AMATUSDT	+0.0230%	8h	469.88	+0.049%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0232%	1h	469.75	+0.020%	$5K	$27K	10x	as long as short
Gate AMAT_USDT	+0.0278%	8h	469.70	+0.011%	$1.7M	$6.4M	50x	as long as short