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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.024%
Price spread now: Coinbase International against Extended−0.256%7-day average −0.267% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.256%, 7d avg −0.267%
Together, before fees+0.376%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.267%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BE-USD271.290get 0.0000% / 1h36m 09s$46K$381K10x
ShortCoinbase International BE-PERP-INTX270.590.0032get 0.0004% / 1h36m 09s$473K$114K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
$6.72
Price spread: −0.256% → −0.267%
$1.04
Slippage, 4 orders
−$39.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$46.54
Costs to cover
0.543%
Break-even
55.5 days
Slippage from Extended: live order book, 66 min ago; Coinbase International: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 66 min ago1.66 bp15.8 bp −$16194.1 bp −$1,941doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago5.90 bp11.3 bp −$1118.6 bp −$186doesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BE_USDT−0.0406%8h271.20−0.031%$1.4M$3.3M50xas long as short
Bitget BEUSDT−0.0073%8h271.33+0.016%$1.6M$2.6M20xas long as short
Aster BEUSDT0.0000%8h271.25−0.012%$343K$128K20xas long as short
Extended BE-USDlong0.0000%1h271.29long leg$46K$381K10x
Binance BEUSDT0.0000%8h271.25−0.013%$8.2M$37.0M25xas long as short
OKX BE-USDT-SWAP0.0000%8h271.30+0.005%$2.6M$6.9M25xas long as short
GRVT BE_USDT_Perp0.0000%8h271.33+0.018%$7K$155K10xas long as short
SunX BE-USDT0.0000%8h271.32+0.013%$1K$2.3M10xas long as short
HTX BE-USDT0.0000%8h271.43+0.053%$12K$35K20xas long as short
QFEX BE-USD+0.0017%1h271.22−0.024%$1.3M$2.3M10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BE+0.0032%1h271.00−0.105%10xas long as short
Lighter RH BE+0.0032%1h271.13−0.057%$241K$305K10xas long as short
Coinbase International BE-PERP-INTXshort+0.0032%1h270.59−0.256%$473K$114K10x
Arcus BE-USD+0.0040%1h271.14−0.054%$113K$96K10xas long as short
Vest BE-USD-PERP+0.0046%1h271.26−0.009%10xas long as short
Bybit BEUSDT+0.0069%8h271.40+0.042%$2.0M$1.1M25xas long as short
tradeXYZ xyz:BE+0.0077%1h271.23−0.020%$5.9M$2.8M10xas long as short
KuCoin BEUSDTM+0.0100%8h271.20−0.031%$366K$18K20xas long as short
Aevo BE-PERP+0.0104%1h271.29+0.001%10xas long as short
BloFin BE-USDT+0.0120%8h271.42+0.050%$45K$145K20xas long as short
Deribit BE_USDC-PERPETUAL+0.0599%1h271.26−0.009%$6K$4K10xas long as short