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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against GRVT+0.007%101s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.007%, 7d avg −0.013%
Together, before fees−0.440%+ Points / potential airdropGRVT: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BE_USDT_Perp274.780get 0.0000% / 8h3h 51m$7K$163K10x
ShortOKX BE-USDT-SWAP274.800.0137get 0.0137% / 8h3h 51m$2.7M$6.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$28.83
Price spread: +0.007% → −0.013%
$1.97
Slippage, 4 orders
−$41.85
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$30.04
Costs to cover
0.608%
Break-even
14.3 days
Slippage from GRVT: live order book, 61 min ago; OKX: live order book, 1 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, 61 min ago2.18 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.18 bp13.0 bp −$1382.0 bp −$820doesn'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%8h274.47−0.115%$345K$119K20xas long as short
Gate BE_USDT0.0000%8h274.50−0.102%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h274.56−0.080%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perplong0.0000%8h274.78long leg$7K$163K10x
SunX BE-USDT0.0000%8h274.85+0.025%$847$2.4M10xas long as short
Deribit BE_USDC-PERPETUAL0.0000%1h274.42−0.131%$7K$4K10xas long as short
HTX BE-USDT0.0000%8h274.92+0.051%$13K$35K20xas long as short
Lighter BE+0.0032%1h274.38−0.146%10xas long as short
Lighter RH BE+0.0032%1h274.50−0.102%$251K$290K10xas long as short
QFEX BE-USD+0.0036%1h274.85+0.025%$1.3M$2.7M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended BE-USD+0.0040%1h274.50−0.100%$46K$260K10xas long as short
Arcus BE-USD+0.0040%1h274.73−0.018%$115K$109K10xas long as short
Binance BEUSDT+0.0041%8h274.57−0.077%$8.5M$36.5M25xas long as short
Vest BE-USD-PERP+0.0046%1h274.86+0.029%10xas long as short
tradeXYZ xyz:BE+0.0050%1h274.46−0.117%$5.9M$2.6M10xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h273.08−0.619%$473K$128K10xas long as short
Bybit BEUSDT+0.0068%8h274.57−0.077%$2.0M$1.2M25xas long as short
KuCoin BEUSDTM+0.0100%8h274.53−0.091%$371K$20K20xas long as short
Aevo BE-PERP+0.0104%1h274.57−0.075%10xas long as short
OKX BE-USDT-SWAPshort+0.0137%8h274.80+0.007%$2.7M$6.8M25x
BloFin BE-USDT+0.0162%8h275.00+0.080%$45K$142K20xas long as short