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: BloFin against Gate+1.238%7-day average −0.317% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,080as in the Price arb table
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)−2.329%−$233 · spread now +1.238%, 7d avg −0.317%
Together, before fees−1.526%−$153 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 BloFin is 1.556% dearer against Gate than usual: you sell high and buy low: +$156 more if the spread goes back to its 7-day average of −0.317%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate 4STOCK_USDT0.0096900.0100pay 0.0050% / 4h2h 38m$544K$881K10x
ShortBloFin 4STOCK-USDT0.0098100.0121get 0.0060% / 4h2h 38m$86K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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: +1.238% → −0.317%
$155.56
Slippage, 4 orders
−$1,208.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,075.38
Costs to cover
12.353%
Break-even
1752.7 days
Slippage from Gate: live order book, 8 min ago; BloFin: live order book, 40 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 Gate live order book, 8 min ago9.93 bp586.7 bp −$58718388.7 bp −$183.9Kdoesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago4.94 bp83.1 bp −$83346.8 bp −$3,468doesn'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%4h0.009730+0.413%$2.1M$5.9M10xas long as short
Gate 4STOCK_USDTlong+0.0100%4h0.009690long leg$544K$881K10x
MEXC 4STOCK_USDT+0.0100%4h0.009740+0.516%$579K$1.2M20xas long as short
BingX 4STOCK-USDT+0.0100%4h0.009750+0.619%$1.0Mas long as short
edgeX 4STOCKUSDC+0.0100%4h0.009945+2.636%$2K$75K5xas long as short
BloFin 4STOCK-USDTshort+0.0121%4h0.009810+1.238%$86K$110K10x
Aster 4STOCKUSDT+0.0896%1h0.009614−0.789%$36K$57K5xas long as short