Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.011%

Price spread now: Binance against Vest−0.009%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 Binance

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest BE-USD-PERP	274.19	0.0046	pay 0.0006% / 1h	40m 31s	—	—	10x
Short	Binance BEUSDT	274.17	0.0088	get 0.0088% / 8h	40m 31s	$8.5M	$37.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.009%Rate

Funding earned: $8.94
Price spread: −0.009% → 0.000%: −$0.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: −$3.95
Costs to cover: 0.120%
Break-even: 10.1 days

Slippage unknown: Vest: no order-book sample; Binance: live order book, 1 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 Binance live order book, 1 min ago	1.09 bp	9.0 bp −$9	26.3 bp −$263	86.9 bp −$8,692	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.

BE on 21 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 BEUSDT	0.0000%	8h	274.53	+0.125%	$345K	$118K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	274.11	−0.029%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDT	0.0000%	8h	274.00	−0.069%	$1.5M	$3.7M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.05	−0.051%	$1.7M	$2.7M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.16	−0.011%	$1K	$2.6M	10x	as long as short
Deribit BE_USDC-PERPETUAL	0.0000%	1h	274.13	−0.022%	$7K	$4K	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.18	−0.004%	$13K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.05	−0.051%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.09	−0.036%	$250K	$380K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	273.94	−0.091%	$114K	$122K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERPlong	+0.0046%	1h	274.19	long leg	—	—	10x
tradeXYZ xyz:BE	+0.0050%	1h	274.03	−0.058%	$5.9M	$2.9M	10x	as long as short
QFEX BE-USD	+0.0073%	1h	274.15	−0.015%	$1.3M	$3.8M	10x	as long as short
Extended BE-USD	+0.0088%	1h	274.10	−0.032%	$46K	$270K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0088%	1h	274.13	−0.022%	$469K	$123K	10x	as long as short
Binance BEUSDTshort	+0.0088%	8h	274.17	−0.009%	$8.5M	$37.0M	25x
KuCoin BEUSDTM	+0.0100%	8h	274.16	−0.011%	$370K	$23K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.12	−0.024%	—	—	10x	as long as short
GRVT BE_USDT_Perp	+0.0142%	8h	274.12	−0.026%	$6K	$183K	10x	as long as short
BloFin BE-USDT	+0.0209%	8h	274.16	−0.011%	$45K	$141K	20x	as long as short
OKX BE-USDT-SWAP	+0.0232%	8h	274.28	+0.033%	$2.6M	$6.8M	25x	as long as short