Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0522%/8h= +57.1% APRpaid last 24h +0.111%

Price spread now: Deribit against Binance+0.004%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$16 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	272.26	0	get 0.0000% / 8h	1h 58m	$8.2M	$37.1M	25x
Short	Deribit BE_USDC-PERPETUAL	272.27	0.0522	get 0.0065% / 1h	58m 20s	$6K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.004%Rate

Funding earned: $109.6
Price spread: +0.004% → 0.000%: $0.37
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $92.96
Costs to cover: 0.170%
Break-even: 1.1 days

Slippage unknown: Binance: live order book, 13 min ago; Deribit: 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	1.47 bp	12.8 bp −$13	22.1 bp −$221	98.2 bp −$9,818	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Bitget BEUSDT	−0.0042%	8h	272.39	+0.048%	$1.6M	$2.6M	20x	as long as short
Gate BE_USDT	−0.0001%	8h	272.50	+0.088%	$1.4M	$3.3M	50x	as long as short
Aster BEUSDT	0.0000%	8h	272.59	+0.123%	$342K	$121K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.18	−0.029%	$46K	$253K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	272.26	long leg	$8.2M	$37.1M	25x
OKX BE-USDT-SWAP	0.0000%	8h	272.56	+0.110%	$2.6M	$6.9M	25x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.45	+0.068%	$6K	$157K	10x	as long as short
SunX BE-USDT	0.0000%	8h	272.56	+0.110%	$1K	$2.3M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.61	+0.129%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	272.03	−0.084%	—	—	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	272.20	−0.022%	$243K	$297K	10x	as long as short
QFEX BE-USD	+0.0040%	1h	272.38	+0.044%	$1.3M	$2.4M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	272.06	−0.073%	$114K	$109K	10x	as long as short
Bybit BEUSDT	+0.0040%	8h	272.15	−0.040%	$2.0M	$1.1M	25x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	272.18	−0.029%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	270.59	−0.613%	$473K	$130K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	272.19	−0.026%	$368K	$18K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.17	−0.034%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.18	−0.029%	$45K	$146K	20x	as long as short
tradeXYZ xyz:BE	+0.0134%	1h	272.19	−0.026%	$5.9M	$2.8M	10x	as long as short
Deribit BE_USDC-PERPETUALshort	+0.0522%	1h	272.27	+0.004%	$6K	$4K	10x