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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h −0.001%
Price spread now: Extended against edgeX−0.479%53s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3013.008% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.752%+$75 · spread now −0.479%, 7d avg −0.024%
Together, before fees+0.762%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$76 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 0.455% cheaper against edgeX than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BUSDC0.20300.0825pay 0.0413% / 4h1h 16m$3K$391K5x
ShortExtended B-USD0.20210.0832get 0.0104% / 1h16m 27s$15K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
$1.42
Price spread: −0.479% → −0.024%
−$45.53
Slippage, 4 orders
−$286.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$344.92
Costs to cover
3.008%
Break-even
1707.8 days
Slippage from edgeX: live order book, 2 min ago; Extended: live order book, 64 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 edgeX live order book, 2 min ago9.89 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 64 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%4h0.2020−0.509%$3.4M$596K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2023−0.342%$1.9M$71K10xas long as short
Bybit BUSDT+0.0734%4h0.2017−0.642%$1.7M$963K13xas long as short
edgeX BUSDClong+0.0825%4h0.2030long leg$3K$391K5x
Extended B-USDshort+0.0832%1h0.2021−0.479%$15K$117K5x
MEXC B_USDT+0.0832%4h0.2021−0.460%$971K$349K100xas long as short
Binance BUSDT+0.0833%4h0.2021−0.460%$11.7M$2.0M20xas long as short
BloFin B-USDT+0.0893%4h0.2026−0.214%$594K$39K20xas long as short
BingX B-USDT+0.1172%4h0.2019−0.559%$1.2Mas long as short
Bitget BUSDT+0.1224%4h0.2021−0.460%$2.7M$225K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1365%4h0.2022−0.416%$1.9M$208K5xas long as short