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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.018%
Price spread now: Extended against KuCoin+0.034%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2412.412% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.176%−$18 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.034%, 7d avg −0.011%
Together, before fees−0.350%+ Points / potential airdropExtended: Active · farm board−$35 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: Extended is 0.045% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEUSDTM274.500.0100pay 0.0100% / 8h7h 53m$371K$22K20x
ShortExtended BE-USD274.590.0096get 0.0012% / 1h53m 54s$46K$266K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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
−$0.84
Price spread: +0.034% → −0.011%
$4.51
Slippage, 4 orders
−$224.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$237.5
Costs to cover
2.412%
Break-even
never at this rate
Slippage from KuCoin: live order book, 68 min ago; Extended: live order book, 18 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 KuCoin live order book, 68 min ago17.20 bp94.8 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 18 min ago2.37 bp16.1 bp −$16203.4 bp −$2,034doesn'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%8h274.48−0.006%$345K$119K20xas long as short
Gate BE_USDT0.0000%8h274.500.000%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.500.000%$1.7M$2.6M20xas long as short
SunX BE-USDT0.0000%8h275.30+0.291%$1K$2.5M10xas long as short
HTX BE-USDT0.0000%8h275.05+0.200%$13K$33K20xas long as short
Lighter BE+0.0032%1h274.51+0.004%10xas long as short
Lighter RH BE+0.0032%1h274.60+0.036%$250K$298K10xas long as short
QFEX BE-USD+0.0037%1h274.62+0.044%$1.3M$3.8M10xas long as short
Arcus BE-USD+0.0040%1h274.46−0.015%$115K$116K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.70+0.073%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEUSDT+0.0094%8h274.69+0.070%$8.5M$36.6M25xas long as short
Extended BE-USDshort+0.0096%1h274.59+0.034%$46K$266K10x
KuCoin BEUSDTMlong+0.0100%8h274.50long leg$371K$22K20x
Aevo BE-PERP+0.0104%1h274.24−0.095%10xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h273.32−0.430%$467K$112K10xas long as short
Bybit BEUSDT+0.0164%8h274.61+0.040%$2.0M$1.2M25xas long as short
BloFin BE-USDT+0.0211%8h274.86+0.131%$45K$142K20xas long as short
OKX BE-USDT-SWAP+0.0255%8h274.76+0.095%$2.6M$6.9M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0333%1h274.69+0.069%$7K$4K10xas long as short
GRVT BE_USDT_Perp+0.0488%8h274.84+0.123%$6K$182K10xas long as short
tradeXYZ xyz:BE+0.0798%1h274.54+0.015%$5.9M$2.9M10xas long as short