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

RE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.146%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$406as in the Funding arb table
Net, price: spread back to 7d avg − costs−$390as in the Price arb table
costs, in and out, $10k−$4003.999% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.146%, 7d avg +0.044%
Together, before fees−0.110%−$11 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 Gate is 0.102% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance REUSDT0.46470.0078pay 0.0039% / 4h1h 27m$8.3M$8.1M50x
ShortGate RE_USDT0.46540.0100get 0.0050% / 4h1h 27m$421K$926K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$4.63
Price spread: +0.146% → +0.044%
$10.21
Slippage, 4 orders
−$374.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$385.05
Costs to cover
3.999%
Break-even
588.8 days
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 54 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 Binance live order book, 11 min ago1.08 bp12.6 bp −$1375.4 bp −$754doesn't fitdoesn't fit
Sell Gate live order book, 54 min ago8.94 bp200.0 bp −$200doesn't fitdoesn't fitdoesn't fit

RE on 14 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
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4651+0.079%150xas long as short
edgeX REUSDC+0.0061%4h0.4652+0.110%$8K$219K10xas long as short
Extended RE-USD+0.0072%1h0.4646−0.019%$7885xas long as short
MEXC RE_USDT+0.0074%4h0.4648+0.022%$1.3M$433K50xas long as short
Binance REUSDTlong+0.0078%4h0.4647long leg$8.3M$8.1M50x
OKX RE-USDT-SWAP+0.0092%4h0.4647+0.011%$1.8M$3.4M20xas long as short
BloFin RE-USDT+0.0095%4h0.4659+0.258%$360K$20K50xas long as short
Aster REUSDT+0.0100%4h0.4653+0.135%$30K$25K20xas long as short
Bybit REUSDT+0.0100%4h0.46470.000%$1.4M$1.2M20xas long as short
Gate RE_USDTshort+0.0100%4h0.4654+0.146%$421K$926K20x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin REUSDTM+0.0100%4h0.4652+0.099%$1.4M$923K20xas long as short
Bitget REUSDT+0.0100%4h0.4655+0.168%$1.8M$545K20xas long as short
BingX RE-USDT+0.0100%4h0.4648+0.022%$1.7Mas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4648+0.022%$4K10xas long as short