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

HD

RWAall HD markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.071%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.071% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HDUSDT297.880get 0.0000% / 8h4h 00m$350K$338K20x
ShortBybit HDUSDT298.090get 0.0000% / 8h4h 00m$58K$2K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$0
Price spread: +0.071% → 0.000%
$7.13
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$13.87
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 61 min ago; Bybit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 61 min ago5.20 bp23.8 bp −$2480.5 bp −$805doesn't fitdoesn't fit
Sell Bybit no order-book sample
Bybit: 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.

HD on 9 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
Aster HDUSDT0.0000%8h297.85−0.009%$3K$29220xas long as short
Binance HDUSDTlong0.0000%8h297.88long leg$350K$338K20x
Bybit HDUSDTshort0.0000%8h298.09+0.071%$58K$2K25x
Gate HD_USDT0.0000%8h297.70−0.060%$128K$2K20xas long as short
Variational Omni HD0.0000%8h297.78−0.033%$40K$52Kas long as short
GRVT HD_USDT_Perp0.0000%8h297.59−0.098%$524$98K10xas long as short
SunX HD-USDT0.0000%8h297.61−0.090%$1K$830K10xas long as short
HTX HD-USDT0.0000%8h297.59−0.097%$5K$14K10xas long as short
KuCoin HDUSDTM+0.0100%8h296.92−0.321%$123K$542K20xas long as short