Funding arb · Price arb /

BE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.001%

Price spread now: HTX against Arcus+0.215%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on HTX

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—needs both histories

The price spread pays, funding is against you. HTX is 0.215% dearer against Arcus than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus BE-USD	274.46	0.0040	pay 0.0005% / 1h	54m 38s	$115K	$116K	10x
Short	HTX BE-USDT	275.05	0	get 0.0000% / 8h	7h 54m	$13K	$33K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ArcusbpFee HTXbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$8.46
Price spread: +0.215% → 0.000%: $21.5
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$3.46
Costs to cover: 0.165%
Break-even: from the start

Slippage unknown: Arcus: live order book, 18 min ago; HTX: no order-book sample. 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 Arcus live order book, 18 min ago	1.83 bp	9.3 bp −$9	14.7 bp −$147	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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.

BE on 21 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 BEUSDT	0.0000%	8h	274.49	+0.011%	$345K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.40	−0.022%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.50	+0.015%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	275.30	+0.306%	$1K	$2.5M	10x	as long as short
HTX BE-USDTshort	0.0000%	8h	275.05	+0.215%	$13K	$33K	20x
Lighter BE	+0.0032%	1h	274.51	+0.018%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.61	+0.055%	$250K	$298K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	274.62	+0.058%	$1.3M	$3.8M	10x	as long as short
Arcus BE-USDlong	+0.0040%	1h	274.46	long leg	$115K	$116K	10x
Vest BE-USD-PERP	+0.0046%	1h	274.92	+0.168%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BE-USD	+0.0088%	1h	274.63	+0.061%	$46K	$266K	10x	as long as short
Binance BEUSDT	+0.0094%	8h	274.73	+0.098%	$8.5M	$36.6M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.55	+0.033%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.24	−0.080%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	273.32	−0.415%	$467K	$116K	10x	as long as short
Bybit BEUSDT	+0.0164%	8h	274.61	+0.055%	$2.0M	$1.2M	25x	as long as short
BloFin BE-USDT	+0.0211%	8h	274.86	+0.146%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0256%	8h	274.80	+0.124%	$2.6M	$6.8M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0443%	1h	274.50	+0.015%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0488%	8h	274.84	+0.137%	$6K	$182K	10x	as long as short
tradeXYZ xyz:BE	+0.0905%	1h	274.49	+0.011%	$5.9M	$2.9M	10x	as long as short