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

S

all S markets
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Funding spread now, next payment 16:00 UTC+1.1348%/8h
paid, last 24h+2.230%paid, last 3 days+3.450%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 3.450% in total (about 413.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange SUSD0.03840−1.1248get 0.1406% / 1h56m 18s$23K$3K5x
ShortBybit SUSDT0.039860.0100get 0.0050% / 4h56m 18s$5.7M$9.5M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$2,383.08
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$2,365.08
Break-even
0.1 days
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
+3.802%
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 01 Exchange no order-book sample
Sell Bybit live order book, 3 min ago3.78 bp23.8 bp −$24106.7 bp −$1,067doesn't fitdoesn't fit
01 Exchange: 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
01 Exchange SUSDlong−1.1248%1h$23K$3K5x
Coinbase International S-PERP-INTX−0.2432%1h$47K$12K25xas long as short
Kraken Futures PF_SUSD−0.2399%1h$34K$48K10xas long as short
Variational Omni S−0.1057%4h$617K$123Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0372% / S +0.0345%1h$1K100xas long as short
Aster SUSDT−0.0218%4h$50K$260K10xas long as short
Orderly PERP_S_USDC−0.0193%4h$105K$335K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Deribit S_USDC-PERPETUAL0.0000%1h$67K$12K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$616150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective S/USDC PERP+0.0033%1h$2K$161K12xas long as short
Lighter S+0.0096%1h$167K$332K5xas long as short
Hyperliquid S+0.0100%1h$1.1M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.4M$40.8M75xas long as short
Bybit SUSDTshort+0.0100%4h$5.7M$9.5M50x
OKX S-USDT-SWAP+0.0100%4h$1.0M$12.9M20xas long as short
Gate S_USDT+0.0100%4h$336K$399K50xas long as short
MEXC S_USDT+0.0100%4h$3.7M$3.5M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.9M$3.9M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.7M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
ApeX Omni SUSDT+0.0100%1h$25K$500K50xas long as short
Extended S-USD+0.0104%1h$224K$946K10xas long as short
BloFin S-USDT+0.0340%4h$288K$260K75xas long as short
Backpack S_USDC_PERP+0.0610%1h$116K$211K5xas long as short