Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Bybit against Vest−0.066%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.066% cheaper against Vest than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest AMAT-USD-PERP	470.77	0.0046	pay 0.0006% / 1h	58m 24s	—	—	10x
Short	Bybit AMATUSDT	470.46	0	get 0.0000% / 8h	6h 58m	$906K	$646K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Vest. 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 VestbpFee BybitbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$9.59
Price spread: −0.066% → 0.000%: −$6.58
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$29.18
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bybit: live order book, 7 min ago. Net counts fees only.

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 Vest no order-book sample	—	—	—	—	—
Sell Bybit live order book, 7 min ago	2.86 bp	33.4 bp −$33	107.3 bp −$1,073	doesn't fit	doesn't fit

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster AMATUSDT	0.0000%	8h	470.84	+0.016%	$10K	$11K	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	470.46	−0.066%	$906K	$646K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	470.88	+0.023%	$1.4M	$1.6M	20x	as long as short
Vest AMAT-USD-PERPlong	+0.0046%	1h	470.77	long leg	—	—	10x
Bitget AMATUSDT	+0.0048%	8h	470.82	+0.011%	$2.1M	$1.7M	20x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.64	−0.028%	$2.7M	$2.3M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	470.77	0.000%	$412K	$462K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	471.72	+0.202%	$807	$372K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	472.24	+0.312%	$172K	$39K	20x	as long as short
GRVT AMAT_USDT_Perp	+0.0228%	8h	471.65	+0.188%	$5	$96K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0292%	1h	471.73	+0.204%	$19K	$109K	10x	as long as short
Variational Omni AMAT	+0.0337%	8h	471.54	+0.164%	$87K	$24K	—	as long as short
BloFin AMAT-USDT	+0.0398%	8h	471.69	+0.195%	$110K	$85K	20x	as long as short
Binance AMATUSDT	+0.0402%	8h	470.53	−0.051%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0408%	1h	470.60	−0.035%	$5K	$27K	10x	as long as short
Gate AMAT_USDT	+0.0465%	8h	470.50	−0.057%	$1.8M	$6.4M	50x	as long as short