Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.043%
Price spread now: BloFin against Arcus+0.084%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.126%+$13 on $10k
Price spread, last 4 days (all we have)+0.336%+$34 · spread now +0.084%, 7d avg +0.127%
Together, before fees+0.462%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.043% cheaper against Arcus than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.127%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus BE-USD274.760.0040pay 0.0005% / 1h54m 05s$115K$109K10x
ShortBloFin BE-USDT274.990.0165get 0.0165% / 8h3h 54m$45K$142K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Arcus. 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

Funding earned
$26.26
Price spread: +0.084% → +0.127%
−$4.3
Slippage, 4 orders
−$25.55
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.09
Costs to cover
0.421%
Break-even
12.4 days
Slippage from Arcus: live order book, 64 min ago; BloFin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 64 min ago4.17 bp9.7 bp −$1019.1 bp −$191doesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago0.55 bp8.8 bp −$920.5 bp −$205doesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.74−0.007%$346K$119K20xas long as short
Gate BE_USDT0.0000%8h274.70−0.022%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h274.88+0.044%$1.7M$2.5M20xas long as short
GRVT BE_USDT_Perp0.0000%8h274.78+0.007%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.90+0.051%$822$2.4M10xas long as short
HTX BE-USDT0.0000%8h274.92+0.058%$13K$35K20xas long as short
Lighter BE+0.0032%1h274.81+0.018%10xas long as short
Lighter RH BE+0.0032%1h274.84+0.029%$251K$290K10xas long as short
QFEX BE-USD+0.0036%1h274.90+0.051%$1.3M$2.7M10xas long as short
Extended BE-USD+0.0040%1h274.90+0.052%$46K$260K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BE-USDlong+0.0040%1h274.76long leg$115K$109K10x
Binance BEUSDT+0.0043%8h274.99+0.084%$8.5M$36.5M25xas long as short
Vest BE-USD-PERP+0.0046%1h274.93+0.062%10xas long as short
tradeXYZ xyz:BE+0.0050%1h274.82+0.022%$5.9M$2.6M10xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h273.08−0.611%$473K$128K10xas long as short
Bybit BEUSDT+0.0078%8h274.87+0.040%$2.0M$1.2M25xas long as short
KuCoin BEUSDTM+0.0100%8h274.83+0.025%$371K$20K20xas long as short
Aevo BE-PERP+0.0104%1h274.85+0.033%10xas long as short
OKX BE-USDT-SWAP+0.0140%8h274.94+0.066%$2.7M$6.8M25xas long as short
BloFin BE-USDTshort+0.0165%8h274.99+0.084%$45K$142K20x
Deribit BE_USDC-PERPETUAL+0.0442%1h274.92+0.058%$7K$4K10xas long as short