Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Bybit against Vest+0.060%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Bybit is 0.060% dearer against Vest than usual: you sell high and buy low (spread +0.060% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest AMAT-USD-PERP	468.90	0.0046	pay 0.0006% / 1h	32m 31s	—	—	10x
Short	Bybit AMATUSDT	469.18	0	get 0.0000% / 8h	7h 32m	$909K	$649K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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 VestbpFee BybitbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$9.59
Price spread: +0.060% → 0.000%: $5.97
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$16.62
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bybit: live order book, 38 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 Vest no order-book sample	—	—	—	—	—
Sell Bybit live order book, 38 min ago	1.72 bp	22.1 bp −$22	107.5 bp −$1,075	doesn't fit	doesn't fit

Vest: 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	469.31	+0.087%	$10K	$11K	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	469.18	+0.060%	$909K	$649K	25x
Bitget AMATUSDT	0.0000%	8h	469.52	+0.132%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	468.79	−0.023%	$94	$96K	10x	as long as short
OKX AMAT-USDT-SWAP	+0.0004%	8h	469.75	+0.181%	$1.4M	$1.6M	20x	as long as short
Vest AMAT-USD-PERPlong	+0.0046%	1h	468.90	long leg	—	—	10x
KuCoin AMATUSDTM	+0.0100%	8h	468.58	−0.068%	$410K	$451K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	468.84	−0.013%	$942	$378K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	469.46	+0.119%	$171K	$40K	20x	as long as short
Gate AMAT_USDT	+0.0139%	8h	469.10	+0.043%	$1.8M	$6.4M	50x	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	+0.0194%	1h	469.10	+0.043%	$2.7M	$2.3M	10x	as long as short
Phoenix AMAT	+0.0292%	1h	468.97	+0.015%	$19K	$131K	10x	as long as short
Variational Omni AMAT	+0.0377%	8h	468.79	−0.024%	$87K	$24K	—	as long as short
Binance AMATUSDT	+0.0434%	8h	469.24	+0.073%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0440%	1h	469.07	+0.036%	$5K	$27K	10x	as long as short
BloFin AMAT-USDT	+0.0462%	8h	468.60	−0.064%	$109K	$82K	20x	as long as short