Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.047%

Price spread now: Binance against OKX−0.020%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$980.975% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days−0.023%−$2 · spread now −0.020%, 7d avg +0.004%

Together, before fees−0.014%−$1 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 0.024% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMAT-USDT-SWAP	459.07	0	get 0.0000% / 8h	6h 18m	$1.4M	$1.5M	20x
Short	Binance AMATUSDT	458.98	0	get 0.0000% / 8h	6h 18m	$8.3M	$14.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → +0.004%: −$2.41
Slippage, 4 orders: −$77.53
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$99.94
Costs to cover: 0.975%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 15 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 OKX live order book, 1 min ago	3.05 bp	29.6 bp −$30	266.0 bp −$2,660	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.86 bp	15.5 bp −$15	47.6 bp −$476	208.1 bp −$20.8K	doesn't fit

AMAT on 16 exchanges

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	−0.0156%	8h	459.20	+0.028%	$1.9M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	458.78	−0.064%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	458.45	−0.135%	$1K	$14K	10x	as long as short
Binance AMATUSDTshort	0.0000%	8h	458.98	−0.020%	$8.3M	$14.5M	20x
Bybit AMATUSDT	0.0000%	8h	458.86	−0.046%	$816K	$686K	25x	as long as short
OKX AMAT-USDT-SWAPlong	0.0000%	8h	459.07	long leg	$1.4M	$1.5M	20x
Gate AMAT_USDT	0.0000%	8h	458.80	−0.059%	$1.4M	$5.0M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	458.24	−0.181%	$56K	$43K	—	as long as short
BloFin AMAT-USDT	+0.0015%	8h	458.33	−0.161%	$109K	$124K	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	458.53	−0.118%	—	—	10x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMAT	+0.0050%	1h	458.59	−0.105%	$2.1M	$2.7M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	458.17	−0.196%	$393K	$653K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	458.43	−0.139%	$935	$356K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	459.31	+0.052%	$167K	$40K	20x	as long as short
Phoenix AMAT	+0.0157%	1h	458.22	−0.185%	$18K	$116K	10x	as long as short
GRVT AMAT_USDT_Perp	+0.0713%	8h	458.63	−0.096%	$532	$108K	10x	as long as short