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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.001%
Price spread now: edgeX against Extended+0.083%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2962.964% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.083%, 7d avg +0.028%
Together, before fees−0.022%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.055% dearer against Extended than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of +0.028%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.004% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20380.0600pay 0.0075% / 1h0m 57s$18K$218K5x
ShortedgeX BUSDC0.20400.0583get 0.0291% / 4h2h 00m$3K$391K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
−$3.6
Price spread: +0.083% → +0.028%
$5.5
Slippage, 4 orders
−$282.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$294.5
Costs to cover
2.964%
Break-even
never at this rate
Slippage from Extended: live order book, 66 min ago; edgeX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 66 min ago9.73 bp97.5 bp −$98820.0 bp −$8,200doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago9.80 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit

B on 10 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
Gate B_USDT+0.0100%4h0.2037−0.071%$3.5M$637K20xas long as short
KuCoin BUSDTM+0.0308%4h0.2036−0.110%$1.9M$72K10xas long as short
Bybit BUSDT+0.0538%4h0.2037−0.081%$1.7M$933K13xas long as short
edgeX BUSDCshort+0.0583%4h0.2040+0.083%$3K$391K5x
MEXC B_USDT+0.0596%4h0.2038−0.022%$999K$367K100xas long as short
Binance BUSDT+0.0597%4h0.2039+0.011%$11.8M$2.0M20xas long as short
Extended B-USDlong+0.0600%1h0.2038long leg$18K$218K5x
BingX B-USDT+0.0734%4h0.2037−0.071%$1.3Mas long as short
Bitget BUSDT+0.0780%4h0.2037−0.071%$2.8M$260K10xas long as short
Aster BUSDT+0.1328%4h0.2039+0.027%$1.9M$211K5xas long as short