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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: OKX against Extended+0.094%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.094%, 7d avg +0.033%
Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 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: OKX is 0.061% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BE-USD270.870get 0.0000% / 1h30m 45s$46K$255K10x
ShortOKX BE-USDT-SWAP271.120get 0.0000% / 8h1h 30m$2.6M$6.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: +0.094% → +0.033%
$6.13
Slippage, 4 orders
−$45.78
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$54.65
Costs to cover
0.608%
Break-even
never at this rate
Slippage from Extended: live order book, 11 min ago; OKX: live order book, 2 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, 11 min ago1.66 bp15.8 bp −$16194.1 bp −$1,941doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago2.40 bp13.4 bp −$1376.2 bp −$762doesn't fitdoesn't fit

BE on 21 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
Gate BE_USDT−0.0183%8h270.70−0.061%$1.4M$3.4M50xas long as short
Bitget BEUSDT−0.0150%8h270.98+0.042%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h271.02+0.055%$341K$123K20xas long as short
Extended BE-USDlong0.0000%1h270.87long leg$46K$255K10x
Binance BEUSDT0.0000%8h271.26+0.146%$8.2M$37.1M25xas long as short
OKX BE-USDT-SWAPshort0.0000%8h271.12+0.094%$2.6M$6.9M25x
GRVT BE_USDT_Perp0.0000%8h270.95+0.031%$7K$156K10xas long as short
SunX BE-USDT0.0000%8h270.95+0.031%$924$2.3M10xas long as short
HTX BE-USDT0.0000%8h270.93+0.024%$12K$35K20xas long as short
Lighter BE+0.0032%1h270.63−0.087%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BE+0.0032%1h271.09+0.083%$241K$298K10xas long as short
QFEX BE-USD+0.0040%1h270.84−0.009%$1.3M$2.4M10xas long as short
Bybit BEUSDT+0.0040%8h271.04+0.064%$2.0M$1.1M25xas long as short
Arcus BE-USD+0.0040%1h270.59−0.102%$113K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h270.75−0.043%10xas long as short
tradeXYZ xyz:BE+0.0050%1h270.87+0.002%$5.9M$2.8M10xas long as short
Coinbase International BE-PERP-INTX+0.0056%1h270.59−0.102%$473K$130K10xas long as short
KuCoin BEUSDTM+0.0100%8h270.79−0.028%$366K$18K20xas long as short
Aevo BE-PERP+0.0104%1h270.78−0.031%10xas long as short
BloFin BE-USDT+0.0120%8h270.79−0.028%$45K$146K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0600%1h270.86−0.002%$6K$4K10xas long as short