Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%

Price spread now: SunX against Gate+0.111%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$296as in the Funding arb table

Net, price: spread back to 7d avg − costs−$285as in the Price arb table

costs, in and out, $10k−$2882.880% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$8 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.111%, 7d avg +0.076%

Together, before fees−0.061%−$6 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: SunX is 0.035% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BE_USDT	270.60	0	get 0.0000% / 8h	7h 58m	$1.4M	$3.2M	50x
Short	SunX BE-USDT	270.90	0	get 0.0000% / 8h	7h 58m	$1K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → +0.076%: $3.5
Slippage, 4 orders: −$265.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$284.5
Costs to cover: 2.880%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; SunX: live order book, 8 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	3.69 bp	15.0 bp −$15	44.8 bp −$448	85.8 bp −$8,578	doesn't fit
Sell SunX live order book, 8 min ago	45.60 bp	129.2 bp −$129	doesn't fit	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
Deribit BE_USDC-PERPETUAL	−0.0672%	1h	270.85	+0.092%	$6K	$4K	10x	as long as short
tradeXYZ xyz:BE	−0.0465%	1h	270.97	+0.137%	$5.9M	$2.8M	10x	as long as short
Bitget BEUSDT	−0.0035%	8h	270.64	+0.015%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	270.67	+0.026%	$342K	$128K	20x	as long as short
Extended BE-USD	0.0000%	1h	270.80	+0.072%	$47K	$384K	10x	as long as short
Binance BEUSDT	0.0000%	8h	270.78	+0.067%	$8.1M	$36.9M	25x	as long as short
Bybit BEUSDT	0.0000%	8h	270.91	+0.115%	$2.0M	$1.2M	25x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	270.72	+0.044%	$2.6M	$6.9M	25x	as long as short
Gate BE_USDTlong	0.0000%	8h	270.60	long leg	$1.4M	$3.2M	50x
GRVT BE_USDT_Perp	0.0000%	8h	270.90	+0.112%	$6K	$153K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BE-USDTshort	0.0000%	8h	270.90	+0.111%	$1K	$2.2M	10x
HTX BE-USDT	0.0000%	8h	270.94	+0.126%	$12K	$35K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	271.80	+0.443%	$1.3M	$2.2M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	270.47	−0.048%	$473K	$115K	10x	as long as short
Lighter BE	+0.0032%	1h	270.89	+0.107%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	271.04	+0.163%	$248K	$298K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	270.78	+0.067%	$113K	$96K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	271.35	+0.277%	—	—	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	270.89	+0.107%	$352K	$39K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	271.10	+0.186%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	270.88	+0.103%	$45K	$144K	20x	as long as short