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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h +0.019%
Price spread now: BloFin against tradeXYZ+0.059%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now +0.059%, 7d avg +0.053%
Together, before fees+0.313%+ Points / potential airdroptradeXYZ: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BE271.550.0071pay 0.0009% / 1h52m 43s$5.9M$2.8M10x
ShortBloFin BE-USDT271.710.0120get 0.0120% / 8h1h 52m$45K$146K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
$10.37
Price spread: +0.059% → +0.053%
$0.58
Slippage, 4 orders
−$22.24
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$41.29
Costs to cover
0.522%
Break-even
34.9 days
Slippage from tradeXYZ: live order book, 4 min ago; BloFin: live order book, 22 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 tradeXYZ live order book, 4 min ago0.74 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 22 min ago1.65 bp14.3 bp −$1426.3 bp −$263doesn'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
Gate BE_USDT−0.0042%8h271.50−0.018%$1.4M$3.3M50xas long as short
Bitget BEUSDT−0.0039%8h271.72+0.063%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h272.10+0.204%$341K$121K20xas long as short
Extended BE-USD0.0000%1h271.50−0.020%$46K$253K10xas long as short
Binance BEUSDT0.0000%8h271.57+0.007%$8.2M$37.1M25xas long as short
OKX BE-USDT-SWAP0.0000%8h271.56+0.004%$2.6M$6.9M25xas long as short
GRVT BE_USDT_Perp0.0000%8h271.82+0.100%$7K$157K10xas long as short
SunX BE-USDT0.0000%8h271.86+0.114%$1K$2.3M10xas long as short
HTX BE-USDT0.0000%8h271.92+0.136%$13K$35K20xas long as short
Lighter BE+0.0032%1h271.49−0.022%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BE+0.0032%1h271.49−0.022%$242K$297K10xas long as short
QFEX BE-USD+0.0040%1h271.62+0.026%$1.3M$2.4M10xas long as short
Arcus BE-USD+0.0040%1h271.66+0.041%$113K$109K10xas long as short
Bybit BEUSDT+0.0043%8h271.77+0.081%$2.0M$1.1M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0044%1h271.77+0.081%$6K$4K10xas long as short
Vest BE-USD-PERP+0.0046%1h271.48−0.026%10xas long as short
Coinbase International BE-PERP-INTX+0.0056%1h270.59−0.354%$473K$130K10xas long as short
tradeXYZ xyz:BElong+0.0071%1h271.55long leg$5.9M$2.8M10x
KuCoin BEUSDTM+0.0100%8h271.51−0.015%$367K$18K20xas long as short
Aevo BE-PERP+0.0104%1h271.77+0.081%10xas long as short
BloFin BE-USDTshort+0.0120%8h271.71+0.059%$45K$146K20x