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

SONY

RWAall SONY 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: Bitget against OKX+0.021%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 days+0.022%+$2 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: Bitget is 0.021% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SONY-USDT-SWAP23.6700get 0.0000% / 8h40m 21s$75K$28K10x
ShortBitget SONYUSDT23.6750get 0.0000% / 8h40m 21s$149K$8K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.021% → 0.000%
$2.11
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.89
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: no order-book sample; Bitget: live order book, 54 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 no order-book sample
Sell Bitget live order book, 54 min ago12.68 bp35.6 bp −$3654.9 bp −$549doesn't fitdoesn't fit
OKX: 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.

SONY 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
Binance SONYUSDT0.0000%8h23.681+0.045%$347K$253K20xas long as short
Bybit SONYUSDT0.0000%8h23.700+0.127%$98K$32K25xas long as short
OKX SONY-USDT-SWAPlong0.0000%8h23.670long leg$75K$28K10x
Gate SONY_USDT0.0000%8h23.685+0.063%$64K$1K20xas long as short
Bitget SONYUSDTshort0.0000%8h23.675+0.021%$149K$8K20x
Variational Omni SONY0.0000%8h23.675+0.023%$47K$9Kas long as short
HTX SONY-USDT+0.0100%8h23.650−0.084%$8K$9K10xas long as short
KuCoin SONYUSDTM+0.0377%8h23.690+0.084%$61K$344K20xas long as short