Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h +0.001%
Price spread now: GRVT against Extended−0.065%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$580.584% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+1.148%+$115 · spread now −0.065%, 7d avg +0.047%
Together, before fees+1.165%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$116 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.112% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BE-USD274.260.0136pay 0.0017% / 1h24m 40s$47K$262K10x
ShortGRVT BE_USDT_Perp274.080get 0.0000% / 8h6h 24m$7K$168K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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

Funding earned
−$28.56
Price spread: −0.065% → +0.047%
−$11.19
Slippage, 4 orders
−$44.43
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$98.19
Costs to cover
0.584%
Break-even
never at this rate
Slippage from Extended: live order book, 42 min ago; GRVT: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 42 min ago1.82 bp16.1 bp −$16144.0 bp −$1,440doesn't fitdoesn't fit
Sell GRVT live order book, 38 min ago3.09 bp12.3 bp −$1218.3 bp −$183doesn't fitdoesn't fit

BE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.19−0.026%$345K$119K20xas long as short
Bybit BEUSDT0.0000%8h274.50+0.088%$2.0M$1.1M25xas long as short
Gate BE_USDT0.0000%8h274.20−0.022%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.24−0.007%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perpshort0.0000%8h274.08−0.065%$7K$168K10x
SunX BE-USDT0.0000%8h274.17−0.033%$932$2.4M10xas long as short
Deribit BE_USDC-PERPETUAL0.0000%1h274.25−0.003%$7K$4K10xas long as short
HTX BE-USDT0.0000%8h274.28+0.008%$13K$34K20xas long as short
QFEX BE-USD+0.0026%1h274.29+0.011%$1.3M$3.2M10xas long as short
Lighter BE+0.0032%1h274.18−0.029%10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BE+0.0032%1h274.31+0.018%$250K$290K10xas long as short
Arcus BE-USD+0.0040%1h273.85−0.149%$114K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.30+0.015%10xas long as short
tradeXYZ xyz:BE+0.0050%1h274.30+0.015%$5.9M$2.8M10xas long as short
KuCoin BEUSDTM+0.0100%8h274.260.000%$370K$22K20xas long as short
Aevo BE-PERP+0.0104%1h274.25−0.003%10xas long as short
Coinbase International BE-PERP-INTX+0.0112%1h273.08−0.430%$473K$131K10xas long as short
Binance BEUSDT+0.0135%8h274.40+0.051%$8.4M$36.2M25xas long as short
Extended BE-USDlong+0.0136%1h274.26long leg$47K$262K10x
OKX BE-USDT-SWAP+0.0197%8h274.38+0.044%$2.6M$6.8M25xas long as short