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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.026%51s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.252%+$25 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.026%, 7d avg +0.007%
Together, before fees+0.253%+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BEUSDT271.420get 0.0000% / 8h2h 36m$8.3M$37.0M25x
ShortBloFin BE-USDT271.490.0120get 0.0120% / 8h2h 36m$45K$144K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.026% → +0.007%
$1.9
Slippage, 4 orders
−$20.14
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.04
Costs to cover
0.421%
Break-even
11.2 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 43 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 Binance live order book, 5 min ago0.92 bp10.2 bp −$1031.3 bp −$313101.5 bp −$10.2Kdoesn't fit
Sell BloFin live order book, 43 min ago0.18 bp13.5 bp −$1421.0 bp −$210doesn'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
Bitget BEUSDT−0.0010%8h271.33−0.033%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h271.34−0.031%$341K$121K20xas long as short
Extended BE-USD0.0000%1h271.40−0.007%$47K$253K10xas long as short
Binance BEUSDTlong0.0000%8h271.42long leg$8.3M$37.0M25x
Gate BE_USDT0.0000%8h271.30−0.044%$1.4M$3.3M50xas long as short
GRVT BE_USDT_Perp0.0000%8h270.86−0.207%$6K$160K10xas long as short
SunX BE-USDT0.0000%8h271.52+0.037%$999$2.3M10xas long as short
HTX BE-USDT0.0000%8h270.93−0.181%$12K$35K20xas long as short
Bybit BEUSDT+0.0002%8h271.53+0.041%$2.0M$1.1M25xas long as short
OKX BE-USDT-SWAP+0.0003%8h271.40−0.007%$2.6M$6.8M25xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BE-USD+0.0024%1h271.53+0.041%$1.3M$2.5M10xas long as short
Lighter BE+0.0032%1h271.23−0.070%10xas long as short
Lighter RH BE+0.0032%1h271.37−0.018%$248K$290K10xas long as short
Arcus BE-USD+0.0040%1h271.13−0.107%$113K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h271.44+0.007%10xas long as short
tradeXYZ xyz:BE+0.0050%1h271.38−0.015%$5.9M$2.7M10xas long as short
Coinbase International BE-PERP-INTX+0.0056%1h270.59−0.306%$473K$134K10xas long as short
KuCoin BEUSDTM+0.0100%8h271.47+0.018%$366K$17K20xas long as short
Aevo BE-PERP+0.0104%1h271.45+0.010%10xas long as short
BloFin BE-USDTshort+0.0120%8h271.49+0.026%$45K$144K20x
Deribit BE_USDC-PERPETUAL+0.0377%1h271.46+0.015%$6K$4K10xas long as short