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

GEV

RWAall GEV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h +0.086%
Price spread now: tradeXYZ against Gate−0.256%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2812.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.557%+$56 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.256%, 7d avg −0.127%
Together, before fees+0.640%+ Points / potential airdroptradeXYZ: Active · farm board+$64 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.129% cheaper against Gate than usual: you would sell low and buy high (spread −0.256% now, against its 7-day average of −0.127%). If the spread goes back, that is −$13 on $10k: about 23 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GEV_USDT948.700get 0.0000% / 8h3h 17m$294K$18K20x
ShorttradeXYZ xyz:GEV946.270.0449get 0.0056% / 1h17m 25s$583K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Gate. 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
$94.28
Price spread: −0.256% → −0.127%
−$12.89
Slippage, 4 orders
−$248.24
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$199.84
Costs to cover
2.812%
Break-even
21.8 days
Slippage from Gate: live order book, 30 min ago; tradeXYZ: live order book, 69 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 Gate live order book, 30 min ago12.10 bp112.8 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 69 min ago8.68 bp17.7 bp −$1849.9 bp −$499doesn'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 GEVUSDT0.0000%8h946.15−0.269%$314K$225K25xas long as short
OKX GEV-USDT-SWAP0.0000%8h946.69−0.212%$608K$185K25xas long as short
Gate GEV_USDTlong0.0000%8h948.70long leg$294K$18K20x
Bitget GEVUSDT0.0000%8h950.33+0.172%$492K$91K20xas long as short
HTX GEV-USDT0.0000%8h949.49+0.083%$9K$37K10xas long as short
Lighter GEV+0.0032%1h946.30−0.253%$3K$75010xas long as short
Binance GEVUSDT+0.0268%8h945.92−0.293%$1.5M$702K25xas long as short
tradeXYZ xyz:GEVshort+0.0449%1h946.27−0.256%$583K$151K10x