Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.023%

Price spread now: BloFin against tradeXYZ+0.026%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$540.538% of the position

Long on tradeXYZ Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.026%, 7d avg +0.081%

Together, before fees+0.125%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMAT	461.35	0.0050	pay 0.0006% / 1h	5m 16s	$2.1M	$2.7M	10x
Short	BloFin AMAT-USDT	461.47	0.0022	get 0.0022% / 8h	6h 05m	$65K	$125K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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 tradeXYZbpFee BloFinbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$5.96
Price spread: +0.026% → +0.081%: −$5.47
Slippage, 4 orders: −$23.8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$65.23
Costs to cover: 0.538%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 6 min ago; BloFin: live order book, 38 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 tradeXYZ live order book, 6 min ago	2.72 bp	14.2 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	0.55 bp	12.2 bp −$12	doesn't fit	doesn't fit	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	−0.0111%	8h	461.71	+0.078%	$1.9M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	461.02	−0.072%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	461.03	−0.069%	$1K	$14K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	461.16	−0.041%	$8.3M	$14.5M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	461.32	−0.007%	$839K	$698K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	461.59	+0.052%	$1.4M	$1.5M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	461.50	+0.033%	$1.5M	$5.0M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	461.12	−0.049%	$56K	$43K	—	as long as short
BloFin AMAT-USDTshort	+0.0022%	8h	461.47	+0.026%	$65K	$125K	20x
Vest AMAT-USD-PERP	+0.0046%	1h	461.20	−0.033%	—	—	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:AMATlong	+0.0050%	1h	461.35	long leg	$2.1M	$2.7M	10x
KuCoin AMATUSDTM	+0.0100%	8h	460.84	−0.111%	$395K	$662K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	461.69	+0.074%	$1K	$357K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	461.94	+0.128%	$168K	$40K	20x	as long as short
Phoenix AMAT	+0.0157%	1h	459.73	−0.351%	$18K	$116K	10x	as long as short
GRVT AMAT_USDT_Perp	+0.0761%	8h	459.74	−0.348%	$290	$108K	10x	as long as short