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

NET

RWAall NET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0483%/8h= +52.9% APRpaid last 24h +0.037%
Price spread now: tradeXYZ against Bitget−0.008%7-day average −0.024% · you buy dearer than you sell
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 days+0.475%+$48 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.008%, 7d avg −0.024%
Together, before fees+0.538%+ Points / potential airdroptradeXYZ: Active · farm board+$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NETUSDT353.370get 0.0000% / 8h7h 51m$205K$623K20x
ShorttradeXYZ xyz:NET353.340.0483get 0.0060% / 1h51m 53s$372K$188K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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
$101.37
Price spread: −0.008% → −0.024%
$1.58
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$72.95
Costs to cover
0.300%
Break-even
2.0 days
Slippage unknown: Bitget: live order book, 18 min ago; tradeXYZ: live order book, 4 min ago. 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 Bitget live order book, 18 min ago15.31 bp22.4 bp −$2227.5 bp −$275doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago7.37 bp34.6 bp −$35doesn't fitdoesn't fitdoesn't fit

NET on 10 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
Paragon para:NET−0.0582%1h351.18−0.620%$174K$38K10xas long as short
edgeX NETUSDC−0.0209%4h353.16−0.061%$37K$322K10xas long as short
Binance NETUSDT0.0000%8h353.52+0.041%$370K$839K20xas long as short
Bybit NETUSDT0.0000%8h353.04−0.093%$384K$112K25xas long as short
OKX NET-USDT-SWAP0.0000%8h353.79+0.119%$178K$105K20xas long as short
Gate NET_USDT0.0000%8h352.90−0.133%$40K$6K20xas long as short
Bitget NETUSDTlong0.0000%8h353.37long leg$205K$623K20x
HTX NET-USDT0.0000%8h353.10−0.076%$9K$348K20xas long as short
Phoenix NET+0.0068%1h352.98−0.110%$167$85K10xas long as short
tradeXYZ xyz:NETshort+0.0483%1h353.34−0.008%$372K$188K10x