Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0745%/8h= +81.6% APRpaid last 24h +0.110%

Price spread now: Deribit against Binance+0.018%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$22 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	271.50	0	get 0.0000% / 8h	1h 21m	$8.2M	$37.1M	25x
Short	Deribit BE_USDC-PERPETUAL	271.55	0.0745	get 0.0093% / 1h	21m 34s	$6K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee BinancebpFee DeribitbpOrdersPrice spread, now +0.018%Rate

Funding earned: $156.51
Price spread: +0.018% → 0.000%: $1.84
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $141.35
Costs to cover: 0.170%
Break-even: 0.7 days

Slippage unknown: Binance: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

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 Binance live order book, 5 min ago	1.29 bp	10.0 bp −$10	27.0 bp −$270	108.6 bp −$10.9K	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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.

BE on 21 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
Gate BE_USDT	−0.0218%	8h	271.40	−0.037%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	−0.0138%	8h	271.37	−0.048%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	271.36	−0.053%	$341K	$125K	20x	as long as short
Extended BE-USD	0.0000%	1h	271.48	−0.006%	$46K	$251K	10x	as long as short
Binance BEUSDTlong	0.0000%	8h	271.50	long leg	$8.2M	$37.1M	25x
OKX BE-USDT-SWAP	0.0000%	8h	271.60	+0.037%	$2.6M	$6.9M	25x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	271.42	−0.028%	$7K	$157K	10x	as long as short
SunX BE-USDT	0.0000%	8h	271.36	−0.052%	$920	$2.3M	10x	as long as short
HTX BE-USDT	0.0000%	8h	271.54	+0.015%	$12K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	271.24	−0.096%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	271.46	−0.015%	$242K	$300K	10x	as long as short
QFEX BE-USD	+0.0040%	1h	271.56	+0.022%	$1.3M	$2.3M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	271.22	−0.103%	$113K	$108K	10x	as long as short
Bybit BEUSDT	+0.0044%	8h	271.51	+0.004%	$2.0M	$1.1M	25x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	271.50	0.000%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	271.48	−0.007%	$5.9M	$2.8M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	270.59	−0.335%	$473K	$130K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	271.36	−0.052%	$367K	$18K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	271.50	+0.001%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	271.50	0.000%	$45K	$147K	20x	as long as short
Deribit BE_USDC-PERPETUALshort	+0.0745%	1h	271.55	+0.018%	$6K	$4K	10x