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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.033%
Price spread now: Extended against Gate+0.063%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$720.722% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$4 on $10k
Price spread, last 4 days (all we have)−0.362%−$36 · spread now +0.063%, 7d avg +0.030%
Together, before fees−0.407%+ Points / potential airdropExtended: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BE_USDT274.800get 0.0000% / 8h4h 00m$1.5M$3.4M50x
ShortExtended BE-USD274.970.0056get 0.0007% / 1h0m 58s$46K$260K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$11.76
Price spread: +0.063% → +0.030%
$3.37
Slippage, 4 orders
−$52.25
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$57.12
Costs to cover
0.722%
Break-even
41.0 days
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 56 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 Gate live order book, 2 min ago3.64 bp17.1 bp −$1748.3 bp −$48379.0 bp −$7,904doesn't fit
Sell Extended live order book, 56 min ago2.54 bp16.0 bp −$16155.3 bp −$1,553doesn'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
Aster BEUSDT0.0000%8h275.08+0.101%$346K$119K20xas long as short
Gate BE_USDTlong0.0000%8h274.80long leg$1.5M$3.4M50x
Bitget BEUSDT0.0000%8h274.96+0.058%$1.7M$2.5M20xas long as short
GRVT BE_USDT_Perp0.0000%8h275.23+0.156%$7K$163K10xas long as short
SunX BE-USDT0.0000%8h274.98+0.066%$1K$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.02+0.080%$13K$35K20xas long as short
Lighter BE+0.0032%1h275.04+0.087%10xas long as short
Lighter RH BE+0.0032%1h275.04+0.087%$251K$291K10xas long as short
Coinbase International BE-PERP-INTX+0.0040%1h273.08−0.626%$473K$128K10xas long as short
Arcus BE-USD+0.0040%1h274.92+0.044%$115K$109K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h274.95+0.055%10xas long as short
tradeXYZ xyz:BE+0.0050%1h274.87+0.025%$5.9M$2.6M10xas long as short
QFEX BE-USD+0.0052%1h274.92+0.044%$1.3M$2.7M10xas long as short
Binance BEUSDT+0.0054%8h275.10+0.111%$8.5M$36.5M25xas long as short
Extended BE-USDshort+0.0056%1h274.97+0.063%$46K$260K10x
KuCoin BEUSDTM+0.0100%8h275.22+0.153%$371K$20K20xas long as short
Aevo BE-PERP+0.0104%1h275.10+0.109%10xas long as short
Bybit BEUSDT+0.0112%8h275.22+0.153%$2.0M$1.2M25xas long as short
OKX BE-USDT-SWAP+0.0152%8h275.15+0.127%$2.7M$6.8M25xas long as short
BloFin BE-USDT+0.0174%8h275.15+0.127%$45K$142K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0877%1h275.38+0.211%$7K$4K10xas long as short