Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Gate against OKX−0.142%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1141.136% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$27 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.142%, 7d avg −0.027%

Together, before fees−0.246%−$25 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: Gate is 0.115% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AMAT-USDT-SWAP	457.55	0	get 0.0000% / 8h	7h 17m	$1.3M	$1.6M	20x
Short	Gate AMAT_USDT	456.90	0	get 0.0000% / 8h	7h 17m	$1.4M	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee OKXbpFee GatebpOrdersPrice spread, now −0.142%Rate

Funding earned: $0
Price spread: −0.142% → −0.027%: −$11.49
Slippage, 4 orders: −$88.59
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$125.09
Costs to cover: 1.136%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Gate: live order book, 1 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 OKX live order book, 4 min ago	5.26 bp	29.6 bp −$30	257.8 bp −$2,578	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	8.75 bp	34.3 bp −$34	107.8 bp −$1,078	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	−0.0341%	8h	457.21	−0.074%	$1.9M	$1.9M	20x	as long as short
tradeXYZ xyz:AMAT	−0.0068%	1h	456.88	−0.146%	$2.1M	$2.7M	10x	as long as short
BloFin AMAT-USDT	−0.0006%	8h	456.52	−0.225%	$109K	$123K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	456.58	−0.212%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	456.79	−0.165%	$1K	$14K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	457.12	−0.094%	$8.3M	$14.6M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	457.24	−0.068%	$813K	$699K	25x	as long as short
OKX AMAT-USDT-SWAPlong	0.0000%	8h	457.55	long leg	$1.3M	$1.6M	20x
Gate AMAT_USDTshort	0.0000%	8h	456.90	−0.142%	$1.4M	$5.4M	50x
Variational Omni AMAT	0.0000%	8h	456.07	−0.324%	$55K	$43K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AMAT_USDT_Perp	0.0000%	8h	456.50	−0.230%	$452	$110K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	455.61	−0.424%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	456.24	−0.286%	$391K	$601K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	456.85	−0.153%	$891	$379K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	457.41	−0.031%	$166K	$39K	20x	as long as short
Phoenix AMAT	+0.0122%	1h	456.01	−0.337%	$18K	$116K	10x	as long as short