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

A

all A markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: BingX against Injective+4.762%72s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 4.762% dearer against Injective than usual: you sell high and buy low: +$476 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective A/USDC PERP0.089450.0033pay 0.0004% / 1h4m 05s$1K$55.5x
ShortBingX A-USDT0.093710.0100get 0.0050% / 4h1h 04m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Injective. 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
$14
Price spread: +4.762% → 0.000%
$476.24
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BingX: 5 bp × 2 orders
−$10
Net
$480.22
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 17 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell BingX live order book, 17 min ago4.28 bp27.2 bp −$2788.8 bp −$888747.1 bp −$74.7Kdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

A on 11 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
Injective A/USDC PERPlong+0.0033%1h0.08945long leg$1K$55.5x
BloFin A-USDT+0.0062%4h0.09338+4.394%$148K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09374+4.797%$2.9M$3.2M75xas long as short
Bybit AUSDT+0.0100%4h0.09365+4.695%$3.2M$977K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09375+4.807%$752K$524K10xas long as short
Gate A_USDT+0.0100%4h0.09382+4.885%$234K$78K50xas long as short
MEXC A_USDT+0.0100%4h0.09374+4.796%$4.1M$145K100xas long as short
KuCoin AUSDTM+0.0100%4h0.09383+4.897%$682K$46K75xas long as short
Bitget AUSDT+0.0100%4h0.09382+4.885%$905K$180K75xas long as short
BingX A-USDTshort+0.0100%4h0.09371+4.762%$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09328+4.280%$1K$1as long as short