Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.112%

Price spread now: Deribit against Bitget+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 Bitget 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BEUSDT	274.99	0	get 0.0000% / 8h	5h 58m	$1.6M	$3.0M	20x
Short	Deribit BE_USDC-PERPETUAL	275.00	0	get 0.0000% / 1h	58m 59s	$7K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Bitget. 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 BitgetbpFee DeribitbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → 0.000%: $0.36
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$18.64
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	2.18 bp	17.1 bp −$17	30.7 bp −$307	doesn't fit	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 exchanges

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	275.19	+0.072%	$347K	$137K	20x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	275.00	+0.004%	$2.6M	$6.9M	25x	as long as short
Gate BE_USDT	0.0000%	8h	274.90	−0.033%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDTlong	0.0000%	8h	274.99	long leg	$1.6M	$3.0M	20x
SunX BE-USDT	0.0000%	8h	275.39	+0.145%	$1K	$2.1M	10x	as long as short
Deribit BE_USDC-PERPETUALshort	0.0000%	1h	275.00	+0.004%	$7K	$4K	10x
Coinbase International BE-PERP-INTX	+0.0008%	1h	274.05	−0.342%	$469K	$132K	10x	as long as short
Binance BEUSDT	+0.0015%	8h	275.04	+0.018%	$8.2M	$39.0M	25x	as long as short
Extended BE-USD	+0.0016%	1h	274.92	−0.026%	$50K	$384K	10x	as long as short
Lighter BE	+0.0032%	1h	274.98	−0.004%	—	—	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	274.98	−0.004%	$250K	$301K	10x	as long as short
QFEX BE-USD	+0.0039%	1h	275.03	+0.015%	$1.3M	$2.2M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.88	−0.040%	$114K	$97K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.77	−0.080%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.99	0.000%	$5.9M	$2.9M	10x	as long as short
BloFin BE-USDT	+0.0054%	8h	274.98	−0.004%	$46K	$161K	20x	as long as short
HTX BE-USDT	+0.0059%	8h	274.96	−0.011%	$12K	$35K	20x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.92	−0.025%	$358K	$177K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.95	−0.014%	—	—	10x	as long as short
Bybit BEUSDT	+0.0108%	8h	275.23	+0.087%	$2.0M	$1.0M	25x	as long as short
GRVT BE_USDT_Perp	+0.0750%	8h	274.63	−0.131%	$6K	$138K	10x	as long as short