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

DEXE

all DEXE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance+0.052%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.387%+$39 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.052%, 7d avg +0.004%
Together, before fees+0.393%+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DEXEUSDT1.93100.0100pay 0.0050% / 4h2h 03m$7.0M$8.5M20x
ShortBloFin DEXE-USDT1.93200.0340get 0.0170% / 4h2h 03m$393K$30K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$50.4
Price spread: +0.052% → +0.004%
$4.81
Slippage, 4 orders
−$42.72
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.52
Costs to cover
0.647%
Break-even
8.3 days
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 17 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 Binance live order book, 6 min ago2.59 bp15.3 bp −$1582.4 bp −$824doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago2.58 bp12.5 bp −$1330.9 bp −$309doesn't fitdoesn't fit

DEXE 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
Kraken Futures PF_DEXEUSD−0.0102%1h1.9305−0.027%$41K$66K20xas long as short
Injective DEXE/USDC PERP+0.0033%1h1.8600−3.677%$3K5.5xas long as short
Aster DEXEUSDT+0.0100%4h1.9332+0.116%$171K$36K5xas long as short
Binance DEXEUSDTlong+0.0100%4h1.9310long leg$7.0M$8.5M20x
Bybit DEXEUSDT+0.0100%4h1.9320+0.052%$2.3M$897K20xas long as short
Gate DEXE_USDT+0.0100%4h1.9320+0.052%$486K$784K20xas long as short
MEXC DEXE_USDT+0.0100%4h1.93100.000%$1.8M$212K20xas long as short
Bitget DEXEUSDT+0.0100%4h1.93100.000%$3.2M$504K10xas long as short
BingX DEXE-USDT+0.0100%4h1.93100.000%$1.8Mas long as short
Variational Omni DEXE+0.0100%4h1.9329+0.099%$35K$2Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_DEXE_USDC_mythos+0.0100%4h1.9290−0.104%$8K10xas long as short
BloFin DEXE-USDTshort+0.0340%4h1.9320+0.052%$393K$30K20x