Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h —

Price spread now: Aevo against Binance−0.034%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	275.80	0.0063	pay 0.0063% / 8h	5h 14m	$8.5M	$36.2M	25x
Short	Aevo BE-PERP	275.71	0.0104	get 0.0013% / 1h	14m 10s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.034%Rate

Funding earned: $8.65
Price spread: −0.034% → 0.000%: −$3.4
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.74
Costs to cover: 0.260%
Break-even: 23.8 days

Slippage unknown: Binance: live order book, 13 min ago; Aevo: 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 Binance live order book, 13 min ago	0.91 bp	9.8 bp −$10	28.7 bp −$287	98.1 bp −$9,805	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	275.36	−0.161%	$347K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	275.50	−0.109%	$1.5M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.75	−0.018%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.78	−0.008%	$7K	$164K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.88	+0.029%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	276.02	+0.080%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	275.78	−0.007%	$1.3M	$2.8M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−0.986%	$473K	$129K	10x	as long as short
Bybit BEUSDT	+0.0019%	8h	275.86	+0.022%	$2.0M	$1.2M	25x	as long as short
Lighter BE	+0.0032%	1h	275.47	−0.120%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	275.60	−0.073%	$252K	$289K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.51	−0.105%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.69	−0.040%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.55	−0.091%	$5.9M	$2.7M	10x	as long as short
Binance BEUSDTlong	+0.0063%	8h	275.80	long leg	$8.5M	$36.2M	25x
Extended BE-USD	+0.0064%	1h	275.71	−0.033%	$47K	$261K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	275.61	−0.069%	$372K	$20K	20x	as long as short
Aevo BE-PERPshort	+0.0104%	1h	275.71	−0.034%	—	—	10x
OKX BE-USDT-SWAP	+0.0120%	8h	276.10	+0.109%	$2.6M	$6.8M	25x	as long as short
BloFin BE-USDT	+0.0183%	8h	275.84	+0.014%	$1K	$141K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0657%	1h	275.75	−0.018%	$7K	$4K	10x	as long as short