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

RE

all RE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against OKX+0.021%53s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.651% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.021%, 7d avg −0.006%
Together, before fees+0.048%+$5 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 BloFin is 0.027% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RE-USDT-SWAP0.46900.0100pay 0.0050% / 4h1h 22m$1.9M$4.0M20x
ShortBloFin RE-USDT0.46910.0147get 0.0074% / 4h1h 22m$370K$71K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$9.91
Price spread: +0.021% → −0.006%
$2.71
Slippage, 4 orders
−$43.13
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$52.51
Costs to cover
0.651%
Break-even
44.1 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 63 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 OKX live order book, 5 min ago1.60 bp15.1 bp −$15122.5 bp −$1,225doesn't fitdoesn't fit
Sell BloFin live order book, 63 min ago2.15 bp18.9 bp −$1950.2 bp −$502doesn'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%1h0.4691+0.020%150xas long as short
Aster REUSDT+0.0100%4h0.4695+0.106%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4693+0.056%$8.4M$9.4M50xas long as short
Bybit REUSDT+0.0100%4h0.4694+0.085%$1.5M$1.4M20xas long as short
OKX RE-USDT-SWAPlong+0.0100%4h0.4690long leg$1.9M$4.0M20x
Gate RE_USDT+0.0100%4h0.4696+0.117%$423K$992K20xas long as short
MEXC RE_USDT+0.0100%4h0.4693+0.064%$1.2M$453K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4696+0.117%$1.4M$1.0M20xas long as short
Bitget REUSDT+0.0100%4h0.4693+0.072%$1.8M$703K20xas long as short
BingX RE-USDT+0.0100%4h0.4692+0.043%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4678−0.261%$8K$220K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4687−0.064%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4688−0.037%$7965xas long as short
BloFin RE-USDTshort+0.0147%4h0.4691+0.021%$370K$71K50x