Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0009%/8h= +0.9% APRpaid last 24h +0.119%

Price spread now: Deribit against HTX+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.070% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX BE-USDT	270.62	0	get 0.0000% / 8h	1h 36m	$12K	$35K	20x
Short	Deribit BE_USDC-PERPETUAL	270.81	0.0009	get 0.0001% / 1h	36m 21s	$6K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against HTX. 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 HTXbpFee DeribitbpOrdersPrice spread, now +0.070%Rate

Funding earned: $1.8
Price spread: +0.070% → 0.000%: $7.02
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$10.18
Costs to cover: 0.190%
Break-even: 46.7 days

Slippage unknown: HTX: no order-book sample; Deribit: no order-book sample. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

HTX and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate BE_USDT	−0.0149%	8h	270.50	−0.044%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	−0.0127%	8h	270.82	+0.074%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	270.64	+0.006%	$341K	$123K	20x	as long as short
Extended BE-USD	0.0000%	1h	270.69	+0.027%	$46K	$257K	10x	as long as short
Binance BEUSDT	0.0000%	8h	270.67	+0.019%	$8.2M	$37.2M	25x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	270.73	+0.041%	$2.6M	$6.8M	25x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	270.91	+0.107%	$7K	$156K	10x	as long as short
SunX BE-USDT	0.0000%	8h	270.79	+0.063%	$831	$2.3M	10x	as long as short
HTX BE-USDTlong	0.0000%	8h	270.62	long leg	$12K	$35K	20x
Deribit BE_USDC-PERPETUALshort	+0.0009%	1h	270.81	+0.070%	$6K	$4K	10x

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	270.71	+0.033%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	270.70	+0.030%	$241K	$297K	10x	as long as short
QFEX BE-USD	+0.0040%	1h	270.82	+0.074%	$1.3M	$2.4M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	270.57	−0.018%	$113K	$109K	10x	as long as short
Bybit BEUSDT	+0.0041%	8h	270.78	+0.059%	$2.0M	$1.1M	25x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	270.69	+0.026%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	270.59	−0.011%	$473K	$130K	10x	as long as short
tradeXYZ xyz:BE	+0.0065%	1h	270.68	+0.022%	$5.9M	$2.8M	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	270.66	+0.015%	$366K	$18K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	270.84	+0.081%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	270.64	+0.007%	$45K	$146K	20x	as long as short