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−0.0021%/8h= −2.2% APRnext payment $0.10 per $10,000 · paid last 24h +0.044%
Price spread now: Gate against BloFin0.000%108s7-day average +0.317% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,316as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,23512.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.804%−$80 on $10k
Price spread, last 4 days (all we have)+1.091%+$109 · spread now 0.000%, 7d avg +0.317%
Together, before fees+0.287%+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.317% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.317%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 4STOCK-USDT0.0098100.0121pay 0.0060% / 4h2h 37m$86K$110K10x
ShortGate 4STOCK_USDT0.0098100.0100get 0.0050% / 4h2h 37m$551K$881K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$4.31
Price spread: 0.000% → +0.317%
−$31.72
Slippage, 4 orders
−$1,208.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,271.29
Costs to cover
12.353%
Break-even
never at this rate
Slippage from BloFin: live order book, 41 min ago; Gate: live order book, 9 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 BloFin live order book, 41 min ago4.94 bp28.5 bp −$29333.2 bp −$3,332doesn't fitdoesn't fit
Sell Gate live order book, 9 min ago9.93 bp537.0 bp −$537doesn't fitdoesn'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
Bybit 4STOCKUSDT+0.0100%4h0.009760−0.510%$2.1M$5.9M10xas long as short
Gate 4STOCK_USDTshort+0.0100%4h0.0098100.000%$551K$881K10x
MEXC 4STOCK_USDT+0.0100%4h0.009730−0.815%$578K$1.2M20xas long as short
BingX 4STOCK-USDT+0.0100%4h0.009760−0.510%$1.1Mas long as short
edgeX 4STOCKUSDC+0.0100%4h0.009781−0.300%$2K$75K5xas long as short
BloFin 4STOCK-USDTlong+0.0121%4h0.009810long leg$86K$110K10x
Aster 4STOCKUSDT+0.0956%1h0.009690−1.227%$37K$57K5xas long as short