Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0408%/8h= −44.7% APRpaid last 24h −0.029%

Price spread now: Bitget against tradeXYZ+0.100%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$590.588% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.185%−$19 on $10k

Price spread, last 7 days−0.042%−$4 · spread now +0.100%, 7d avg +0.099%

Together, before fees−0.228%+ Points / potential airdroptradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.099%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:AMAT	459.15	−0.0034	get 0.0004% / 1h	4m 16s	$2.1M	$2.6M	10x
Short	Bitget AMATUSDT	459.61	−0.0442	pay 0.0442% / 8h	4m 16s	$1.9M	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$85.72
Price spread: +0.100% → +0.099%: $0.1
Slippage, 4 orders: −$28.81
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$144.43
Costs to cover: 0.588%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 4 min ago; Bitget: live order book, 3 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 tradeXYZ live order book, 4 min ago	1.75 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.24 bp	21.5 bp −$22	37.2 bp −$372	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 AMATUSDTshort	−0.0442%	8h	459.61	+0.100%	$1.9M	$1.8M	20x
Gate AMAT_USDT	−0.0150%	8h	459.30	+0.033%	$1.5M	$6.1M	50x	as long as short
tradeXYZ xyz:AMATlong	−0.0034%	1h	459.15	long leg	$2.1M	$2.6M	10x
BloFin AMAT-USDT	−0.0006%	8h	459.22	+0.015%	$108K	$120K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	459.34	+0.041%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	459.12	−0.007%	$1K	$27K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	459.24	+0.020%	$8.4M	$14.2M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	459.20	+0.011%	$821K	$706K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	459.18	+0.007%	$1.3M	$1.6M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	459.04	−0.023%	$60K	$47K	—	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	458.90	−0.055%	$418	$111K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	459.21	+0.013%	—	—	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	458.61	−0.118%	$396K	$568K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	459.62	+0.102%	$1K	$379K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	460.22	+0.233%	$167K	$39K	20x	as long as short
Phoenix AMAT	+0.0174%	1h	459.00	−0.033%	$18K	$114K	10x	as long as short