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

RE

all RE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0065%/8h= −7.1% APRnext payment $0.33 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bitget−0.219%85s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.219%, 7d avg −0.075%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.145% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.075%). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget REUSDT0.46520.0100pay 0.0050% / 4h1h 17m$1.8M$545K20x
ShortBloFin RE-USDT0.46420.0035get 0.0017% / 4h1h 17m$360K$20K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$13.67
Price spread: −0.219% → −0.075%
−$14.45
Slippage, 4 orders
−$40.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$92.48
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 62 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 Bitget live order book, 4 min ago2.04 bp22.1 bp −$2255.9 bp −$559doesn't fitdoesn't fit
Sell BloFin live order book, 62 min ago1.08 bp12.5 bp −$1335.0 bp −$350doesn'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%1h0.4650−0.052%150xas long as short
BloFin RE-USDTshort+0.0035%4h0.4642−0.219%$360K$20K50x
edgeX REUSDC+0.0082%4h0.4648−0.097%$8K$219K10xas long as short
Extended RE-USD+0.0088%1h0.4648−0.096%$7885xas long as short
MEXC RE_USDT+0.0088%4h0.4647−0.112%$1.3M$434K50xas long as short
Binance REUSDT+0.0092%4h0.4648−0.093%$8.3M$8.1M50xas long as short
Aster REUSDT+0.0100%4h0.4651−0.026%$32K$26K20xas long as short
Bybit REUSDT+0.0100%4h0.4648−0.090%$1.4M$1.2M20xas long as short
OKX RE-USDT-SWAP+0.0100%4h0.4648−0.099%$1.8M$3.4M20xas long as short
Gate RE_USDT+0.0100%4h0.4651−0.024%$421K$933K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin REUSDTM+0.0100%4h0.4651−0.026%$1.4M$922K20xas long as short
Bitget REUSDTlong+0.0100%4h0.4652long leg$1.8M$545K20x
BingX RE-USDT+0.0100%4h0.4648−0.090%$1.7Mas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4648−0.090%$4K10xas long as short