Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.011%

Price spread now: Vest against Bybit−0.559%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 Vest

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

Funding pays, the price is against you. Vest is 0.559% cheaper against Bybit than usual: you would sell low and buy high (spread −0.559% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$56 on $10k: about 41 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BEUSDT	273.56	0	get 0.0000% / 8h	7h 02m	$2.0M	$1.0M	25x
Short	Vest BE-USD-PERP	272.03	0.0046	get 0.0006% / 1h	2m 08s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.559%Rate

Funding earned: $9.59
Price spread: −0.559% → 0.000%: −$55.93
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$59.34
Costs to cover: 0.130%
Break-even: 50.3 days

Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago	2.76 bp	39.8 bp −$40	202.1 bp −$2,021	doesn't fit	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	273.31	−0.092%	$345K	$132K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.04	−0.557%	$48K	$384K	10x	as long as short
Binance BEUSDT	0.0000%	8h	273.19	−0.134%	$8.2M	$38.3M	25x	as long as short
Bybit BEUSDTlong	0.0000%	8h	273.56	long leg	$2.0M	$1.0M	25x
OKX BE-USDT-SWAP	0.0000%	8h	273.66	+0.037%	$2.6M	$6.9M	25x	as long as short
Gate BE_USDT	0.0000%	8h	272.90	−0.241%	$1.3M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.67	−0.325%	$1.6M	$2.7M	20x	as long as short
SunX BE-USDT	0.0000%	8h	272.13	−0.523%	$1K	$2.1M	10x	as long as short
HTX BE-USDT	0.0000%	8h	272.03	−0.559%	$12K	$35K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	272.05	−0.552%	$1.3M	$2.2M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International BE-PERP-INTX	+0.0016%	1h	267.79	−2.109%	$458K	$129K	10x	as long as short
Lighter BE	+0.0032%	1h	271.64	−0.702%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	271.83	−0.632%	$246K	$304K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	271.76	−0.658%	$113K	$96K	10x	as long as short
Vest BE-USD-PERPshort	+0.0046%	1h	272.03	−0.559%	—	—	10x
tradeXYZ xyz:BE	+0.0065%	1h	273.27	−0.106%	$5.9M	$2.8M	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	271.67	−0.691%	$354K	$100K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	271.75	−0.662%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.03	−0.559%	$46K	$152K	20x	as long as short
GRVT BE_USDT_Perp	+0.0196%	8h	271.57	−0.727%	$6K	$149K	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0744%	1h	271.98	−0.578%	$6K	$4K	10x	as long as short