Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%

Price spread now: Bitget against Gate+0.066%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$740.742% of the position

Long on Gate Short on Bitget

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−0.049%−$5 · spread now +0.066%, 7d avg +0.028%

Together, before fees−0.098%−$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: Bitget is 0.037% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BE_USDT	274.80	0	get 0.0000% / 8h	7h 43m	$1.5M	$3.4M	50x
Short	Bitget BEUSDT	274.98	0	get 0.0000% / 8h	7h 43m	$1.7M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.028%: $3.73
Slippage, 4 orders: −$47.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$70.47
Costs to cover: 0.742%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 4 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 Gate live order book, 5 min ago	3.63 bp	19.3 bp −$19	47.1 bp −$471	83.8 bp −$8,379	doesn't fit
Sell Bitget live order book, 4 min ago	5.26 bp	19.6 bp −$20	50.5 bp −$505	doesn't fit	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	274.69	−0.040%	$346K	$119K	20x	as long as short
Gate BE_USDTlong	0.0000%	8h	274.80	long leg	$1.5M	$3.4M	50x
Bitget BEUSDTshort	0.0000%	8h	274.98	+0.066%	$1.7M	$2.6M	20x
SunX BE-USDT	0.0000%	8h	275.51	+0.258%	$978	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.36	+0.204%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	275.00	+0.073%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.00	+0.073%	$251K	$300K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	275.01	+0.076%	$1.3M	$3.8M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.20	+0.146%	$115K	$115K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.14	+0.124%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BEUSDTM	+0.0100%	8h	274.93	+0.047%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.16	+0.131%	—	—	10x	as long as short
Bybit BEUSDT	+0.0119%	8h	275.33	+0.193%	$2.0M	$1.2M	25x	as long as short
Extended BE-USD	+0.0120%	1h	275.17	+0.135%	$46K	$327K	10x	as long as short
Binance BEUSDT	+0.0124%	8h	275.16	+0.131%	$8.6M	$36.6M	25x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	274.86	+0.022%	$470K	$117K	10x	as long as short
tradeXYZ xyz:BE	+0.0177%	1h	274.96	+0.058%	$5.9M	$2.9M	10x	as long as short
BloFin BE-USDT	+0.0244%	8h	275.30	+0.182%	$45K	$142K	20x	as long as short
OKX BE-USDT-SWAP	+0.0266%	8h	275.29	+0.178%	$2.6M	$6.8M	25x	as long as short
GRVT BE_USDT_Perp	+0.0734%	8h	275.54	+0.270%	$7K	$178K	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.1168%	1h	275.42	+0.226%	$7K	$4K	10x	as long as short