Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0023%/8hnext payment +$0.23 per $10,000 · paid last 24h −0.059%

Price spread now: Bybit against BloFin+0.139%112s7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$620.618% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.365%−$36 on $10k

Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.139%, 7d avg −0.057%

Together, before fees−0.577%−$58 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 Bybit is 0.196% dearer against BloFin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.057%. Mind the row above: over the last 7 days funding on this pair cost −0.365%, so the current rate has only just turned in your favour. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AMAT-USDT	467.03	−0.0023	get 0.0023% / 8h	4h 23m	$111K	$67K	20x
Short	Bybit AMATUSDT	467.68	0	get 0.0000% / 8h	4h 23m	$1.3M	$405K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now +0.139%Rate

Funding earned: $4.85
Price spread: +0.139% → −0.057%: $19.62
Slippage, 4 orders: −$38.79
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$37.32
Costs to cover: 0.618%
Break-even: 60.9 days

Slippage from BloFin: live order book, 21 min ago; Bybit: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 21 min ago	2.68 bp	12.7 bp −$13	14.9 bp −$149	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	5.80 bp	23.5 bp −$23	114.0 bp −$1,140	doesn't fit	doesn't fit

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMAT-USDTlong	−0.0023%	8h	467.03	long leg	$111K	$67K	20x
Aster AMATUSDT	0.0000%	8h	467.55	+0.111%	$10K	$5K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	467.86	+0.178%	$5K	$40K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	467.91	+0.189%	$11.2M	$7.1M	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	467.68	+0.139%	$1.3M	$405K	25x
Gate AMAT_USDT	0.0000%	8h	467.70	+0.143%	$2.1M	$4.7M	50x	as long as short
Bitget AMATUSDT	0.0000%	8h	467.57	+0.116%	$2.3M	$1.1M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	466.61	−0.089%	$76K	$20K	—	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	467.16	+0.028%	$19	$120K	10x	as long as short
OKX AMAT-USDT-SWAP	+0.0034%	8h	467.76	+0.156%	$1.4M	$1.4M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	467.47	+0.094%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	467.35	+0.069%	$418K	$408K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	467.16	+0.028%	$920	$345K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	468.29	+0.270%	$170K	$39K	20x	as long as short
tradeXYZ xyz:AMAT	+0.0208%	1h	467.75	+0.154%	$3.1M	$2.3M	10x	as long as short
Phoenix AMAT	+0.0360%	1h	467.62	+0.126%	$19K	$125K	10x	as long as short