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

NET

RWAall NET markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0541%/8h= +59.2% APRpaid last 24h +0.016%
Price spread now: tradeXYZ against OKX−0.185%7-day average −0.059% · 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+0.443%+$44 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.185%, 7d avg −0.059%
Together, before fees+0.587%+ Points / potential airdroptradeXYZ: Active · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.126% cheaper against OKX than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.059%). If the spread goes back, that is −$13 on $10k: about 19 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.443% in total) that is about 48 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NET-USDT-SWAP351.390get 0.0000% / 8h1h 52m$176K$111K20x
ShorttradeXYZ xyz:NET350.740.0541get 0.0068% / 1h52m 44s$383K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against OKX. 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
$113.58
Price spread: −0.185% → −0.059%
−$12.61
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$72.97
Costs to cover
0.280%
Break-even
2.5 days
Slippage unknown: OKX: live order book, 52 min ago; tradeXYZ: live order book, 14 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 OKX live order book, 52 min ago14.07 bp52.3 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 14 min ago9.26 bp52.6 bp −$53doesn'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−0.2994%1h350.41−0.279%$175K$41K10xas long as short
Binance NETUSDT0.0000%8h350.91−0.137%$365K$799K20xas long as short
Bybit NETUSDT0.0000%8h351.60+0.060%$382K$111K25xas long as short
OKX NET-USDT-SWAPlong0.0000%8h351.39long leg$176K$111K20x
Gate NET_USDT0.0000%8h351.70+0.088%$39K$6K20xas long as short
Bitget NETUSDT0.0000%8h350.40−0.282%$236K$602K20xas long as short
HTX NET-USDT0.0000%8h350.24−0.327%$9K$349K20xas long as short
Phoenix NET+0.0296%1h351.15−0.068%$164$84K10xas long as short
edgeX NETUSDC+0.0501%4h351.02−0.105%$37K$330K10xas long as short
tradeXYZ xyz:NETshort+0.0541%1h350.74−0.185%$383K$180K10x