Funding arb · Price arb /

BE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: Gate against Bitget−0.113%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$630.626% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.113%, 7d avg −0.029%

Together, before fees+0.095%+$10 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: Gate is 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BEUSDT	273.71	0	get 0.0000% / 8h	58m 17s	$1.7M	$2.7M	20x
Short	Gate BE_USDT	273.40	0	get 0.0000% / 8h	58m 17s	$1.5M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.113%Rate

Funding earned: $0
Price spread: −0.113% → −0.029%: −$8.42
Slippage, 4 orders: −$35.62
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$71.05
Costs to cover: 0.626%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 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 Bitget live order book, 4 min ago	2.19 bp	12.2 bp −$12	17.9 bp −$179	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.66 bp	14.1 bp −$14	40.9 bp −$409	78.2 bp −$7,825	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
Aster BEUSDT	0.0000%	8h	273.38	−0.120%	$344K	$117K	20x	as long as short
Extended BE-USD	0.0000%	1h	273.70	−0.005%	$46K	$270K	10x	as long as short
Binance BEUSDT	0.0000%	8h	273.75	+0.015%	$8.5M	$37.1M	25x	as long as short
Bybit BEUSDT	0.0000%	8h	273.48	−0.084%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDTshort	0.0000%	8h	273.40	−0.113%	$1.5M	$3.7M	50x
Bitget BEUSDTlong	0.0000%	8h	273.71	long leg	$1.7M	$2.7M	20x
SunX BE-USDT	0.0000%	8h	273.51	−0.073%	$935	$2.6M	10x	as long as short
HTX BE-USDT	0.0000%	8h	273.54	−0.062%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	273.09	−0.227%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	273.35	−0.132%	$249K	$380K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BE_USDT_Perp	+0.0039%	8h	273.44	−0.099%	$7K	$188K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	273.40	−0.113%	$114K	$134K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	273.50	−0.077%	—	—	10x	as long as short
QFEX BE-USD	+0.0073%	1h	273.62	−0.033%	$1.3M	$3.8M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0088%	1h	272.24	−0.537%	$467K	$120K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	273.56	−0.055%	$370K	$23K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	273.70	−0.004%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	273.42	−0.106%	$45K	$140K	20x	as long as short
OKX BE-USDT-SWAP	+0.0183%	8h	273.80	+0.033%	$2.6M	$6.8M	25x	as long as short
tradeXYZ xyz:BE	+0.0254%	1h	273.51	−0.073%	$5.9M	$2.9M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0884%	1h	273.67	−0.015%	$7K	$4K	10x	as long as short