data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 18:00 UTC+0.0009%/8h
next payment, per $10,000+$0.01paid, last 24h−0.053%paid, last 3 days−0.180%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) S/USD0.03848L +0.0001% / S +0.0006%pay 0.0000% / 1h12m 38s$593150x
ShortDeribit S_USDC-PERPETUAL0.038510.0010get 0.0001% / 1h12m 38s$65K$11K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$1.93
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$15.07
Break-even
61.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.078%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Deribit no order-book sample
gTrade (Gains Network) and Deribit: 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.

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−0.2080%1h$47K$10K25xas long as short
Kraken Futures PF_SUSD−0.1671%1h$33K$43K10xas long as short
Variational Omni S−0.0951%4h$601K$120Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0276% / S +0.0259%1h$1K100xas long as short
Aster SUSDT−0.0168%4h$41K$258K10xas long as short
01 Exchange SUSD−0.0112%1h$23K$3K5xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Orderly PERP_S_USDC−0.0093%4h$102K$324K10xas long as short
gTrade (Gains Network) S/USDlongL +0.0001% / S +0.0006%1h$593150x
Deribit S_USDC-PERPETUALshort+0.0010%1h$65K$11K10x
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$120K12xas long as short
Lighter S+0.0096%1h$162K$309K5xas long as short
Hyperliquid S+0.0100%1h$986K$1.4M5xas long as short
Binance SUSDT+0.0100%4h$5.2M$38.3M75xas long as short
Bybit SUSDT+0.0100%4h$5.5M$9.1M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$963K$11.8M20xas long as short
Gate S_USDT+0.0100%4h$317K$367K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.4M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.7M50xas long as short
Bitget SUSDT+0.0100%4h$1.1M$4.5M50xas long as short
BingX S-USDT+0.0100%4h$6.9Mas long as short
Backpack S_USDC_PERP+0.0100%1h$113K$236K5xas long as short
ApeX Omni SUSDT+0.0100%1h$20K$493K50xas long as short
Extended S-USD+0.0104%1h$216K$944K10xas long as short
BloFin S-USDT+0.0340%4h$275K$258K75xas long as short