Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: SunX against Binance+0.026%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$281as in the Funding arb table

Net, price: spread back to 7d avg − costs−$274as in the Price arb table

costs, in and out, $10k−$2772.768% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.026%, 7d avg +0.001%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	271.45	0	get 0.0000% / 8h	2h 35m	$8.3M	$37.0M	25x
Short	SunX BE-USDT	271.52	0	get 0.0000% / 8h	2h 35m	$999	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → +0.001%: $2.45
Slippage, 4 orders: −$258.85
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$274.4
Costs to cover: 2.768%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; SunX: live order book, 1 min ago.

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, 6 min ago	0.92 bp	10.2 bp −$10	31.3 bp −$313	101.5 bp −$10.2K	doesn't fit
Sell SunX live order book, 1 min ago	45.66 bp	130.0 bp −$130	doesn't fit	doesn't fit	doesn't fit

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	−0.0010%	8h	271.39	−0.022%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	271.34	−0.039%	$341K	$121K	20x	as long as short
Extended BE-USD	0.0000%	1h	271.41	−0.014%	$47K	$253K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	271.45	long leg	$8.3M	$37.0M	25x
OKX BE-USDT-SWAP	0.0000%	8h	271.40	−0.018%	$2.6M	$6.8M	25x	as long as short
Gate BE_USDT	0.0000%	8h	271.30	−0.055%	$1.4M	$3.3M	50x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	270.86	−0.218%	$6K	$160K	10x	as long as short
SunX BE-USDTshort	0.0000%	8h	271.52	+0.026%	$999	$2.3M	10x
HTX BE-USDT	0.0000%	8h	270.93	−0.192%	$12K	$35K	20x	as long as short
Bybit BEUSDT	+0.0002%	8h	271.53	+0.029%	$2.0M	$1.1M	25x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX BE-USD	+0.0024%	1h	271.53	+0.029%	$1.3M	$2.5M	10x	as long as short
Lighter BE	+0.0032%	1h	271.24	−0.077%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	271.34	−0.041%	$248K	$290K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	271.13	−0.118%	$113K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	271.44	−0.004%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	271.35	−0.037%	$5.9M	$2.7M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	270.59	−0.317%	$473K	$134K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	271.55	+0.037%	$367K	$17K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	271.45	−0.001%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	271.49	+0.015%	$45K	$144K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0377%	1h	271.46	+0.004%	$6K	$4K	10x	as long as short