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

XBI

RWAall XBI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.141%
Price spread now: tradeXYZ against OKX+0.157%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.157% dearer against OKX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XBI-USDT-SWAP158.920get 0.0000% / 8h4h 43m$71K$40K20x
ShorttradeXYZ xyz:XBI159.170.0053get 0.0007% / 1h43m 03s$37K$9K10x

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
$11.1
Price spread: +0.157% → 0.000%
$15.73
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$1.17
Costs to cover
0.280%
Break-even
7.7 days
Slippage unknown: OKX: no order-book sample; tradeXYZ: 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 OKX no order-book sample
Sell tradeXYZ no order-book sample
OKX and tradeXYZ: 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.

XBI on 9 exchanges

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 XBIUSDT0.0000%8h159.03+0.069%$339K$233K25xas long as short
Bybit XBIUSDT0.0000%8h158.91−0.006%$186K$45K25xas long as short
OKX XBI-USDT-SWAPlong0.0000%8h158.92long leg$71K$40K20x
Gate XBI_USDT0.0000%8h159.08+0.101%$94K$2K20xas long as short
MEXC XBI_USDT0.0000%8h159.06+0.088%$39K$82K20xas long as short
Bitget XBIUSDT0.0000%8h159.08+0.101%$90K$9K20xas long as short
Variational Omni XBI0.0000%8h158.99+0.046%$19K$18Kas long as short
HTX XBI-USDT0.0000%8h159.06+0.088%$2K$39K10xas long as short
tradeXYZ xyz:XBIshort+0.0053%1h159.17+0.157%$37K$9K10x