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

4STOCK

all 4STOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against BingX+0.587%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$3323.320% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.816%−$82 · spread now +0.587%, 7d avg −0.039%
Together, before fees−0.787%−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.626% dearer against BingX than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 4STOCK-USDT0.010230.0672pay 0.0336% / 4h1h 42m$1.1M
ShortBybit 4STOCKUSDT0.010290.0683get 0.0342% / 4h1h 42m$2.3M$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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
$2.39
Price spread: +0.587% → −0.039%
$62.57
Slippage, 4 orders
−$310.98
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$267.02
Costs to cover
3.320%
Break-even
789.1 days
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 5 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 BingX live order book, 2 min ago14.61 bp88.0 bp −$88281.9 bp −$2,8191103.6 bp −$110.4K1345.2 bp −$672.6K
Sell Bybit live order book, 5 min ago14.54 bp77.2 bp −$77488.4 bp −$4,884doesn't fitdoesn't fit

4STOCK on 7 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 4STOCK_USDT+0.0284%4h0.01035+1.173%$566K$904K10xas long as short
edgeX 4STOCKUSDC+0.0486%4h0.01031+0.826%$2K$75K5xas long as short
BloFin 4STOCK-USDT+0.0649%4h0.01026+0.293%$122K10xas long as short
BingX 4STOCK-USDTlong+0.0672%4h0.01023long leg$1.1M
MEXC 4STOCK_USDT+0.0682%4h0.01028+0.489%$583K$1.2M20xas long as short
Bybit 4STOCKUSDTshort+0.0683%4h0.01029+0.587%$2.3M$6.2M10x
Aster 4STOCKUSDT+0.1968%1h0.01030+0.684%$39K$59K5xas long as short