Funding arb · Price arb /

BE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.027%

Price spread now: Gate against Vest−0.007%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BE-USD-PERP	273.92	0.0046	pay 0.0006% / 1h	51m 26s	—	—	10x
Short	Gate BE_USDT	273.90	0	get 0.0000% / 8h	51m 26s	$1.5M	$3.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Vest. 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 VestbpFee GatebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$9.59
Price spread: −0.007% → 0.000%: −$0.73
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27.32
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Gate: live order book, 2 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	3.65 bp	15.2 bp −$15	46.0 bp −$460	79.5 bp −$7,954	doesn't fit

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 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
Aster BEUSDT	0.0000%	8h	273.72	−0.073%	$344K	$118K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	274.19	+0.099%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDTshort	0.0000%	8h	273.90	−0.007%	$1.5M	$3.7M	50x
Bitget BEUSDT	0.0000%	8h	274.13	+0.077%	$1.7M	$2.7M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.13	+0.077%	$984	$2.6M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.21	+0.106%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	273.79	−0.047%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.06	+0.051%	$250K	$380K	10x	as long as short
Extended BE-USD	+0.0040%	1h	274.15	+0.084%	$46K	$270K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	273.92	0.000%	$114K	$134K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERPlong	+0.0046%	1h	273.92	long leg	—	—	10x
Binance BEUSDT	+0.0046%	8h	274.25	+0.120%	$8.5M	$37.1M	25x	as long as short
QFEX BE-USD	+0.0073%	1h	274.17	+0.091%	$1.3M	$3.8M	10x	as long as short
GRVT BE_USDT_Perp	+0.0077%	8h	274.02	+0.038%	$7K	$184K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0088%	1h	272.24	−0.613%	$467K	$120K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	273.76	−0.058%	$370K	$23K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.06	+0.050%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	274.08	+0.058%	$45K	$141K	20x	as long as short
tradeXYZ xyz:BE	+0.0148%	1h	273.94	+0.007%	$5.9M	$2.9M	10x	as long as short
OKX BE-USDT-SWAP	+0.0213%	8h	274.32	+0.146%	$2.6M	$6.8M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0663%	1h	274.07	+0.055%	$7K	$4K	10x	as long as short