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

4STOCK

all 4STOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Bybit+0.195%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3363.365% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 7 days−0.098%−$10 · spread now +0.195%, 7d avg +0.039%
Together, before fees−0.123%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.156% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit 4STOCKUSDT0.010250.0100pay 0.0050% / 4h49m 35s$2.3M$5.6M10x
ShortBingX 4STOCK-USDT0.010270.0140get 0.0070% / 4h49m 35s$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$8.4
Price spread: +0.195% → +0.039%
$15.63
Slippage, 4 orders
−$315.49
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$312.46
Costs to cover
3.365%
Break-even
267.4 days
Slippage from Bybit: live order book, 3 min ago; BingX: 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 Bybit live order book, 3 min ago9.70 bp77.1 bp −$77927.9 bp −$9,279doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago14.44 bp94.8 bp −$95328.7 bp −$3,2871106.5 bp −$110.6K1335.1 bp −$667.6K

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
BloFin 4STOCK-USDT+0.0066%4h0.01030+0.488%$88K$116K10xas long as short
Bybit 4STOCKUSDTlong+0.0100%4h0.01025long leg$2.3M$5.6M10x
Gate 4STOCK_USDT+0.0100%4h0.01032+0.683%$579K$865K10xas long as short
MEXC 4STOCK_USDT+0.0100%4h0.010250.000%$610K$1.1M20xas long as short
edgeX 4STOCKUSDC+0.0128%4h0.01035+0.971%$2K$74K5xas long as short
BingX 4STOCK-USDTshort+0.0140%4h0.01027+0.195%$1.1M
Aster 4STOCKUSDT+0.1115%1h0.01031+0.566%$39K$58K5xas long as short