Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h +0.005%

Price spread now: Vest against Binance−0.072%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 Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.072% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	275.11	0.0136	pay 0.0136% / 8h	7h 37m	$8.6M	$36.4M	25x
Short	Vest BE-USD-PERP	274.91	0.0046	get 0.0006% / 1h	37m 05s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$18.95
Price spread: −0.072% → 0.000%: −$7.25
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$38.19
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Vest: 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, 5 min ago	0.91 bp	10.2 bp −$10	27.9 bp −$279	99.1 bp −$9,912	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	274.75	−0.132%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.80	−0.112%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.86	−0.091%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.92	−0.069%	$1K	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.17	+0.022%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.81	−0.109%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.96	−0.054%	$251K	$300K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	274.98	−0.047%	$1.3M	$3.7M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.93	−0.065%	$115K	$113K	10x	as long as short
Vest BE-USD-PERPshort	+0.0046%	1h	274.91	−0.072%	—	—	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit BEUSDT	+0.0054%	8h	275.12	+0.004%	$2.0M	$1.2M	25x	as long as short
tradeXYZ xyz:BE	+0.0097%	1h	274.83	−0.102%	$5.9M	$2.9M	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.88	−0.083%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.08	−0.010%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	275.39	+0.102%	$477K	$132K	10x	as long as short
Binance BEUSDTlong	+0.0136%	8h	275.11	long leg	$8.6M	$36.4M	25x
Extended BE-USD	+0.0136%	1h	275.03	−0.029%	$46K	$384K	10x	as long as short
BloFin BE-USDT	+0.0256%	8h	275.13	+0.008%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0266%	8h	275.07	−0.014%	$2.6M	$6.8M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0369%	1h	275.01	−0.036%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0635%	8h	275.18	+0.027%	$7K	$179K	10x	as long as short