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

M

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against Orderly0.000%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 feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_M_USDC1.42720.0100pay 0.0050% / 4h3h 54m$2K$51010x
ShortBitget MUSDT1.42720.0100get 0.0050% / 4h3h 54m$1.8M$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$18
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 3 min ago. 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 Orderly no order-book sample
Sell Bitget live order book, 3 min ago12.99 bp57.1 bp −$57431.5 bp −$4,315doesn't fitdoesn't fit
Orderly: 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.

M 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
Bybit MUSDT+0.0100%4h1.4271−0.007%$4.4M$1.8M20xas long as short
Gate M_USDT+0.0100%8h1.4267−0.035%$1.9M$863K10xas long as short
Bitget MUSDTshort+0.0100%4h1.42720.000%$1.8M$251K10x
Variational Omni M+0.0100%4h1.4272−0.003%$89K$43Kas long as short
Orderly PERP_M_USDClong+0.0100%4h1.4272long leg$2K$51010x
SunX M-USDT+0.0100%4h1.4289+0.119%$1K$771K20xas long as short
Aster MUSDT+0.0360%4h1.4272+0.001%$15K$87K5xas long as short
BingX M-USDT+0.0510%4h1.4260−0.084%$2.4Mas long as short
MEXC M_USDT+0.0524%4h1.42720.000%$236K$105K50xas long as short
Binance MUSDT+0.0526%4h1.4265−0.049%$5.6M$3.8M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin M-USDT+0.0562%4h1.4276+0.028%$361K$449K10xas long as short
KuCoin MUSDTM+0.1404%4h1.4127−1.012%$1.4M$3.9M10xas long as short