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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h
Price spread now: Coinbase International against Aevo−0.462%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.462% cheaper against Aevo than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo BE-PERP275.320.0104pay 0.0013% / 1h5m 30s10x
ShortCoinbase International BE-PERP-INTX274.050.0008get 0.0001% / 1h5m 30s$469K$132K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
−$20.16
Price spread: −0.462% → 0.000%
−$46.19
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$92.35
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 41 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Coinbase International live order book, 41 min ago13.82 bp18.8 bp −$1921.7 bp −$217doesn't fitdoesn't fit
Aevo: 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.

BE on 21 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h275.43+0.041%$348K$138K20xas long as short
Bybit BEUSDT0.0000%8h275.42+0.036%$2.0M$1.0M25xas long as short
OKX BE-USDT-SWAP0.0000%8h275.59+0.097%$2.6M$6.9M25xas long as short
Gate BE_USDT0.0000%8h275.30−0.008%$1.4M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h275.47+0.054%$1.6M$3.0M20xas long as short
SunX BE-USDT0.0000%8h275.49+0.061%$1K$2.0M10xas long as short
HTX BE-USDT0.0000%8h275.56+0.087%$12K$35K20xas long as short
Coinbase International BE-PERP-INTXshort+0.0008%1h274.05−0.462%$469K$132K10x
Lighter BE+0.0032%1h275.09−0.084%10xas long as short
Lighter RH BE+0.0032%1h275.27−0.019%$250K$301K10xas long as short
Show all 21 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX BE-USD+0.0037%1h275.41+0.032%$1.3M$2.3M10xas long as short
Arcus BE-USD+0.0040%1h275.20−0.044%$115K$95K10xas long as short
Vest BE-USD-PERP+0.0046%1h275.24−0.030%10xas long as short
Binance BEUSDT+0.0048%8h275.49+0.061%$8.3M$39.2M25xas long as short
Extended BE-USD+0.0048%1h275.49+0.062%$50K$386K10xas long as short
KuCoin BEUSDTM+0.0100%8h275.20−0.044%$357K$240K20xas long as short
Aevo BE-PERPlong+0.0104%1h275.32long leg10x
BloFin BE-USDT+0.0136%8h275.60+0.101%$46K$164K20xas long as short
tradeXYZ xyz:BE+0.0151%1h275.40+0.028%$5.9M$2.8M10xas long as short
GRVT BE_USDT_Perp+0.0403%8h275.05−0.099%$7K$135K10xas long as short
Deribit BE_USDC-PERPETUAL+0.0622%1h275.41+0.032%$6K$4K10xas long as short