Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.057%

Price spread now: Bybit against Binance−0.033%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.372%−$37 on $10k

Price spread, last 7 days−0.020%−$2 · spread now −0.033%, 7d avg −0.069%

Together, before fees−0.393%−$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AMATUSDT	459.00	0	get 0.0000% / 8h	1h 27m	$8.3M	$14.1M	20x
Short	Bybit AMATUSDT	458.85	0	get 0.0000% / 8h	1h 27m	$838K	$693K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.069%: $3.59
Slippage, 4 orders: −$37.4
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$54.81
Costs to cover: 0.584%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 12 min ago.

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, 13 min ago	0.11 bp	10.4 bp −$10	40.9 bp −$409	doesn't fit	doesn't fit
Sell Bybit live order book, 12 min ago	2.40 bp	15.3 bp −$15	100.9 bp −$1,009	doesn't fit	doesn't fit

AMAT on 16 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
Bitget AMATUSDT	−0.0547%	8h	459.14	+0.031%	$1.9M	$1.8M	20x	as long as short
BloFin AMAT-USDT	−0.0023%	8h	459.10	+0.022%	$108K	$115K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	459.21	+0.045%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	458.97	−0.007%	$5K	$27K	10x	as long as short
Binance AMATUSDTlong	0.0000%	8h	459.00	long leg	$8.3M	$14.1M	20x
Bybit AMATUSDTshort	0.0000%	8h	458.85	−0.033%	$838K	$693K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	459.19	+0.041%	$1.3M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	459.30	+0.065%	$1.5M	$6.1M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	458.58	−0.090%	$64K	$44K	—	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	458.54	−0.100%	$417	$112K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	459.09	+0.020%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0075%	1h	458.70	−0.065%	$2.5M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	458.35	−0.142%	$396K	$546K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	458.85	−0.033%	$977	$386K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	460.08	+0.235%	$167K	$39K	20x	as long as short
Phoenix AMAT	+0.0277%	1h	459.19	+0.041%	$18K	$114K	10x	as long as short