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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.018%
Price spread now: Extended against OKX−0.004%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.004%, 7d avg −0.032%
Together, before fees−0.057%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.028% dearer against OKX than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BE-USDT-SWAP275.760.0125pay 0.0125% / 8h4h 43m$2.7M$6.8M25x
ShortExtended BE-USD275.750.0072get 0.0009% / 1h43m 01s$46K$256K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
−$11.06
Price spread: −0.004% → −0.032%
$2.83
Slippage, 4 orders
−$45.26
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$68.49
Costs to cover
0.603%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 14 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 OKX live order book, 5 min ago1.09 bp8.7 bp −$975.0 bp −$750doesn't fitdoesn't fit
Sell Extended live order book, 14 min ago2.54 bp16.0 bp −$16155.3 bp −$1,553doesn'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%8h275.62−0.050%$347K$119K20xas long as short
Gate BE_USDT0.0000%8h275.40−0.131%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h275.68−0.029%$1.7M$2.5M20xas long as short
GRVT BE_USDT_Perp0.0000%8h275.45−0.113%$6K$163K10xas long as short
SunX BE-USDT0.0000%8h275.36−0.145%$1K$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.91+0.054%$13K$34K20xas long as short
Lighter BE+0.0032%1h275.57−0.069%10xas long as short
Lighter RH BE+0.0032%1h275.69−0.025%$252K$289K10xas long as short
Coinbase International BE-PERP-INTX+0.0040%1h273.08−0.972%$473K$129K10xas long as short
Arcus BE-USD+0.0040%1h275.31−0.163%$115K$109K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h275.55−0.076%10xas long as short
tradeXYZ xyz:BE+0.0050%1h275.60−0.058%$5.9M$2.6M10xas long as short
QFEX BE-USD+0.0052%1h275.69−0.025%$1.3M$2.7M10xas long as short
Binance BEUSDT+0.0071%8h275.80+0.014%$8.5M$36.3M25xas long as short
Extended BE-USDshort+0.0072%1h275.75−0.004%$46K$256K10x
Bybit BEUSDT+0.0077%8h275.83+0.025%$2.0M$1.2M25xas long as short
KuCoin BEUSDTM+0.0100%8h275.61−0.054%$372K$20K20xas long as short
Aevo BE-PERP+0.0104%1h275.78+0.007%10xas long as short
OKX BE-USDT-SWAPlong+0.0125%8h275.76long leg$2.7M$6.8M25x
BloFin BE-USDT+0.0191%8h275.81+0.018%$45K$142K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0621%1h275.84+0.029%$7K$4K10xas long as short