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

4STOCK

all 4STOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against Gate−0.893%7-day average −0.409% · you buy dearer than you sell
Net, funding: paid 7d − costs−$542as in the Funding arb table
Net, price: spread back to 7d avg − costs−$671as in the Price arb table
costs, in and out, $10k−$6236.231% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.812%+$81 on $10k
Price spread, last 4 days (all we have)−0.587%−$59 · spread now −0.893%, 7d avg −0.409%
Together, before fees+0.225%+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.484% cheaper against Gate than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of −0.409%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate 4STOCK_USDT0.010080.0100pay 0.0050% / 4h2h 59m$565K$873K10x
ShortBybit 4STOCKUSDT0.0099900.0100get 0.0050% / 4h2h 59m$2.2M$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.893% → −0.409%
−$48.38
Slippage, 4 orders
−$597.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$671.46
Costs to cover
6.231%
Break-even
never at this rate
Slippage from Gate: live order book, 52 min ago; Bybit: live order book, 3 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, 52 min ago9.63 bp258.9 bp −$25914782.8 bp −$147.8Kdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.96 bp71.9 bp −$72445.3 bp −$4,453doesn'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
BloFin 4STOCK-USDT+0.0057%4h0.01005−0.298%$87K$113K10xas long as short
Bybit 4STOCKUSDTshort+0.0100%4h0.009990−0.893%$2.2M$5.9M10x
Gate 4STOCK_USDTlong+0.0100%4h0.01008long leg$565K$873K10x
MEXC 4STOCK_USDT+0.0100%4h0.01002−0.595%$608K$1.2M20xas long as short
BingX 4STOCK-USDT+0.0100%4h0.01005−0.298%$1.0Mas long as short
edgeX 4STOCKUSDC+0.0100%4h0.01003−0.496%$2K$75K5xas long as short
Aster 4STOCKUSDT+0.0920%1h0.01008−0.019%$38K$58K5xas long as short