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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.123%
Price spread now: Extended against Bybit+0.084%7-day average +0.235% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$428as in the Price arb table
costs, in and out, $10k−$4134.132% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.270%+$27 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.084%, 7d avg +0.235%
Together, before fees+0.319%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.151% cheaper against Bybit than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.235%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BUSDT0.20190.0864pay 0.0432% / 4h2h 06m$1.7M$947K13x
ShortExtended B-USD0.20210.0864get 0.0108% / 1h6m 11s$15K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.09
Price spread: +0.084% → +0.235%
−$15.08
Slippage, 4 orders
−$397.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$428.14
Costs to cover
4.132%
Break-even
32442.0 days
Slippage from Bybit: live order book, 10 min ago; Extended: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 10 min ago0.49 bp121.4 bp −$1212484.2 bp −$24.8Kdoesn't fitdoesn't fit
Sell Extended live order book, 14 min ago10.13 bp149.0 bp −$149doesn't fitdoesn't fitdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.20190.000%$3.4M$596K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2018−0.050%$1.9M$71K10xas long as short
edgeX BUSDC+0.0858%4h0.2024+0.241%$3K$391K5xas long as short
MEXC B_USDT+0.0860%4h0.2020+0.050%$965K$345K100xas long as short
Binance BUSDT+0.0860%4h0.2021+0.099%$11.7M$2.0M20xas long as short
Bybit BUSDTlong+0.0864%4h0.2019long leg$1.7M$947K13x
Extended B-USDshort+0.0864%1h0.2021+0.084%$15K$117K5x
BloFin B-USDT+0.0889%4h0.2022+0.149%$593K$39K20xas long as short
BingX B-USDT+0.0982%4h0.2021+0.099%$1.2Mas long as short
Bitget BUSDT+0.1046%4h0.2021+0.099%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1334%4h0.2021+0.111%$1.9M$203K5xas long as short