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

ACH

all ACH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.032%
Price spread now: Bybit against BingX+0.034%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1891.893% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 4 days (all we have)−2.363%−$236 · spread now +0.034%, 7d avg +0.012%
Together, before fees−2.528%−$253 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 0.021% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ACH-USDT0.0059310.0100pay 0.0100% / 8h5h 20m$1.3M
ShortBybit ACHUSDT0.0059330.0100get 0.0050% / 4h1h 20m$710K$350K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.034% → +0.012%
$2.13
Slippage, 4 orders
−$168.33
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$187.2
Costs to cover
1.893%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 39 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 BingX live order book, 10 min ago0.85 bp20.6 bp −$2161.7 bp −$617383.0 bp −$38.3K430.3 bp −$215.2K
Sell Bybit live order book, 39 min ago4.24 bp67.9 bp −$68338.4 bp −$3,384doesn't fitdoesn't fit

ACH on 10 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 ACH-USDT+0.0081%8h0.005935+0.067%$88K$10K20xas long as short
Binance ACHUSDT+0.0100%8h0.005933+0.034%$1.5M$2.5M50xas long as short
Bybit ACHUSDTshort+0.0100%4h0.005933+0.034%$710K$350K25x
OKX ACH-USDT-SWAP+0.0100%4h0.005930−0.017%$340K$505K10xas long as short
Gate ACH_USDT+0.0100%8h0.005924−0.118%$139K$57K50xas long as short
MEXC ACH_USDT+0.0100%8h0.005933+0.034%$908K$340K125xas long as short
KuCoin ACHUSDTM+0.0100%8h0.005928−0.051%$269K$50K30xas long as short
Bitget ACHUSDT+0.0100%8h0.0059310.000%$769K$383K50xas long as short
BingX ACH-USDTlong+0.0100%8h0.005931long leg$1.3M
Variational Omni ACH+0.0100%4h0.005930−0.018%$8K$420as long as short