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

GEV

RWAall GEV markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0391%/8h= +42.8% APRpaid last 24h +0.093%
Price spread now: tradeXYZ against Bybit+0.055%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1951.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.544%+$54 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.055%, 7d avg −0.047%
Together, before fees+0.439%+ Points / potential airdroptradeXYZ: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and tradeXYZ is 0.102% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GEVUSDT944.560get 0.0000% / 8h1h 40m$315K$194K25x
ShorttradeXYZ xyz:GEV945.080.0391get 0.0049% / 1h40m 28s$582K$138K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bybit. 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
$82.08
Price spread: +0.055% → −0.047%
$10.16
Slippage, 4 orders
−$165.69
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$102.44
Costs to cover
1.947%
Break-even
15.7 days
Slippage from Bybit: live order book, 64 min ago; tradeXYZ: live order book, 26 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 Bybit live order book, 64 min ago3.91 bp81.9 bp −$82218.2 bp −$2,182doesn't fitdoesn't fit
Sell tradeXYZ live order book, 26 min ago5.60 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit

GEV on 8 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
Bybit GEVUSDTlong0.0000%8h944.56long leg$315K$194K25x
OKX GEV-USDT-SWAP0.0000%8h945.40+0.089%$606K$178K25xas long as short
Gate GEV_USDT0.0000%8h947.20+0.279%$295K$18K20xas long as short
Bitget GEVUSDT0.0000%8h945.90+0.142%$490K$88K20xas long as short
HTX GEV-USDT0.0000%8h945.62+0.112%$9K$38K10xas long as short
Lighter GEV+0.0032%1h947.00+0.258%$3K$75010xas long as short
Binance GEVUSDT+0.0041%8h945.67+0.118%$1.5M$620K25xas long as short
tradeXYZ xyz:GEVshort+0.0391%1h945.08+0.055%$582K$138K10x