Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.012%

Price spread now: Vest against OKX−0.025%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.025% cheaper against OKX than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 45 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BE-USDT-SWAP	275.17	0	get 0.0000% / 8h	5h 56m	$2.6M	$6.9M	25x
Short	Vest BE-USD-PERP	275.10	0.0046	get 0.0006% / 1h	56m 28s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee OKXbpFee VestbpOrdersPrice spread, now −0.025%Rate

Funding earned: $9.59
Price spread: −0.025% → 0.000%: −$2.54
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$4.95
Costs to cover: 0.120%
Break-even: 10.6 days

Slippage unknown: OKX: live order book, 5 min ago; Vest: 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 OKX live order book, 5 min ago	1.27 bp	16.0 bp −$16	97.9 bp −$979	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 exchanges

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
Deribit BE_USDC-PERPETUAL	−0.0332%	1h	274.92	−0.091%	$7K	$4K	10x	as long as short
Aster BEUSDT	0.0000%	8h	275.29	+0.045%	$347K	$137K	20x	as long as short
OKX BE-USDT-SWAPlong	0.0000%	8h	275.17	long leg	$2.6M	$6.9M	25x
Gate BE_USDT	0.0000%	8h	275.00	−0.062%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.03	−0.051%	$1.6M	$3.0M	20x	as long as short
SunX BE-USDT	0.0000%	8h	275.39	+0.080%	$1K	$2.1M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0008%	1h	274.05	−0.407%	$469K	$132K	10x	as long as short
Extended BE-USD	+0.0016%	1h	275.05	−0.044%	$50K	$384K	10x	as long as short
Binance BEUSDT	+0.0019%	8h	275.08	−0.033%	$8.2M	$38.9M	25x	as long as short
Lighter BE	+0.0032%	1h	275.11	−0.022%	—	—	10x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	275.20	+0.011%	$250K	$301K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	275.01	−0.058%	$1.3M	$2.2M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.91	−0.094%	$114K	$96K	10x	as long as short
HTX BE-USDT	+0.0044%	8h	274.96	−0.076%	$12K	$35K	20x	as long as short
Vest BE-USD-PERPshort	+0.0046%	1h	275.10	−0.025%	—	—	10x
tradeXYZ xyz:BE	+0.0050%	1h	275.21	+0.015%	$5.9M	$2.9M	10x	as long as short
BloFin BE-USDT	+0.0071%	8h	275.13	−0.015%	$46K	$162K	20x	as long as short
Bybit BEUSDT	+0.0076%	8h	275.12	−0.018%	$2.0M	$1.0M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.97	−0.073%	$357K	$182K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.96	−0.075%	—	—	10x	as long as short
GRVT BE_USDT_Perp	+0.0755%	8h	274.94	−0.084%	$6K	$138K	10x	as long as short