Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h —

Price spread now: Aevo against Bybit−0.025%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BEUSDT	274.26	0	get 0.0000% / 8h	1m 40s	$2.0M	$1.2M	25x
Short	Aevo BE-PERP	274.19	0.0104	get 0.0013% / 1h	1m 40s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.025%Rate

Funding earned: $21.84
Price spread: −0.025% → 0.000%: −$2.51
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.67
Costs to cover: 0.270%
Break-even: 9.5 days

Slippage unknown: Bybit: live order book, 5 min ago; Aevo: 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 Bybit live order book, 5 min ago	3.83 bp	18.3 bp −$18	187.2 bp −$1,872	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	274.54	+0.102%	$345K	$119K	20x	as long as short
Bybit BEUSDTlong	0.0000%	8h	274.26	long leg	$2.0M	$1.2M	25x
Gate BE_USDT	0.0000%	8h	274.10	−0.058%	$1.5M	$3.7M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.21	−0.018%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.21	−0.018%	$1K	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.34	+0.029%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.05	−0.077%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.16	−0.036%	$250K	$380K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.06	−0.073%	$114K	$120K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.23	−0.011%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:BE	+0.0050%	1h	274.05	−0.077%	$5.9M	$2.9M	10x	as long as short
QFEX BE-USD	+0.0073%	1h	274.16	−0.036%	$1.3M	$3.9M	10x	as long as short
Binance BEUSDT	+0.0086%	8h	274.25	−0.004%	$8.5M	$36.8M	25x	as long as short
Extended BE-USD	+0.0088%	1h	274.22	−0.016%	$46K	$270K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0088%	1h	274.13	−0.047%	$469K	$117K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.10	−0.058%	$370K	$23K	20x	as long as short
Aevo BE-PERPshort	+0.0104%	1h	274.19	−0.025%	—	—	10x
GRVT BE_USDT_Perp	+0.0107%	8h	274.34	+0.029%	$6K	$182K	10x	as long as short
BloFin BE-USDT	+0.0206%	8h	274.27	+0.004%	$45K	$141K	20x	as long as short
OKX BE-USDT-SWAP	+0.0255%	8h	274.24	−0.007%	$2.6M	$6.9M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0334%	1h	274.18	−0.029%	$7K	$4K	10x	as long as short