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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h −0.009%
Price spread now: Arcus against GRVT−0.126%54s7-day average −0.129% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.126%, 7d avg −0.129%
Together, before fees−0.177%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.129%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BE_USDT_Perp270.910get 0.0000% / 8h1h 36m$7K$156K10x
ShortArcus BE-USD270.570.0040get 0.0005% / 1h36m 30s$113K$109K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against GRVT. 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
$8.46
Price spread: −0.126% → −0.129%
$0.39
Slippage, 4 orders
−$37.05
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$41.71
Costs to cover
0.506%
Break-even
41.5 days
Slippage from GRVT: live order book, just now; Arcus: live order book, 6 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 GRVT live order book, just now3.32 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Arcus live order book, 6 min ago2.95 bp12.3 bp −$1221.3 bp −$213doesn'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−0.0149%8h270.50−0.151%$1.4M$3.4M50xas long as short
Bitget BEUSDT−0.0127%8h270.82−0.033%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h270.64−0.101%$341K$123K20xas long as short
Extended BE-USD0.0000%1h270.69−0.080%$46K$257K10xas long as short
Binance BEUSDT0.0000%8h270.67−0.088%$8.2M$37.2M25xas long as short
OKX BE-USDT-SWAP0.0000%8h270.73−0.066%$2.6M$6.8M25xas long as short
GRVT BE_USDT_Perplong0.0000%8h270.91long leg$7K$156K10x
SunX BE-USDT0.0000%8h270.79−0.044%$831$2.3M10xas long as short
HTX BE-USDT0.0000%8h270.62−0.107%$12K$35K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0009%1h270.81−0.037%$6K$4K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BE+0.0032%1h270.71−0.074%10xas long as short
Lighter RH BE+0.0032%1h270.70−0.078%$241K$297K10xas long as short
QFEX BE-USD+0.0040%1h270.82−0.033%$1.3M$2.4M10xas long as short
Arcus BE-USDshort+0.0040%1h270.57−0.126%$113K$109K10x
Bybit BEUSDT+0.0041%8h270.78−0.048%$2.0M$1.1M25xas long as short
Vest BE-USD-PERP+0.0046%1h270.69−0.081%10xas long as short
Coinbase International BE-PERP-INTX+0.0056%1h270.59−0.118%$473K$130K10xas long as short
tradeXYZ xyz:BE+0.0065%1h270.68−0.085%$5.9M$2.8M10xas long as short
KuCoin BEUSDTM+0.0100%8h270.66−0.092%$366K$18K20xas long as short
Aevo BE-PERP+0.0104%1h270.84−0.026%10xas long as short
BloFin BE-USDT+0.0120%8h270.64−0.100%$45K$146K20xas long as short