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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.004%
Price spread now: Bitget against BloFin+0.464%7-day average +0.279% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.464%, 7d avg +0.279%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.185% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.279%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DEEP-USDT0.019410.0072pay 0.0072% / 8h7h 54m$134K$30K50x
ShortBitget DEEPUSDT0.019500.0100get 0.0050% / 4h3h 54m$825K$536K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$5.83
Price spread: +0.464% → +0.279%
$18.48
Slippage, 4 orders
−$107.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$106.7
Costs to cover
1.310%
Break-even
135.0 days
Slippage from BloFin: live order book, 2 min ago; Bitget: live order book, 41 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 BloFin live order book, 2 min ago7.73 bp35.1 bp −$35114.5 bp −$1,145doesn't fitdoesn't fit
Sell Bitget live order book, 41 min ago7.74 bp29.6 bp −$30151.2 bp −$1,512doesn't fitdoesn't fit

DEEP on 12 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
BloFin DEEP-USDTlong+0.0072%8h0.01941long leg$134K$30K50x
Binance DEEPUSDT+0.0100%4h0.01949+0.412%$2.1M$5.9M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01944+0.155%$4.2M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01947+0.309%$300K$68K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01950+0.464%$1.0M$432K100xas long as short
Bitget DEEPUSDTshort+0.0100%4h0.01950+0.464%$825K$536K50x
BingX DEEP-USDT+0.0100%4h0.01947+0.309%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01944+0.164%$13K$9Kas long as short
Bluefin DEEP-PERP+0.0100%1h0.01944+0.155%$79K$11K20xas long as short
Extended DEEP-USD+0.0104%1h0.01948+0.384%$6K$246K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DEEPUSDTM+0.0154%4h0.01955+0.721%$1.8M$88K20xas long as short
Kraken Futures PF_DEEPUSD+0.0592%1h0.01945+0.204%$8K$10K10xas long as short