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

ACH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against BingX−0.069%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.694%−$69 · spread now −0.069%, 7d avg −0.098%
Together, before fees−0.704%−$70 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: OKX is 0.029% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ACH-USDT0.0058350.0100pay 0.0100% / 8h2h 39m$1.3M
ShortOKX ACH-USDT-SWAP0.0058310.0100get 0.0050% / 4h2h 39m$331K$485K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.069% → −0.098%
$2.91
Slippage, 4 orders
−$89.74
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$106.82
Costs to cover
1.097%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; OKX: live order book, 6 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, 11 min ago0.85 bp20.8 bp −$2154.3 bp −$543364.0 bp −$36.4K414.4 bp −$207.2K
Sell OKX live order book, 6 min ago1.70 bp36.5 bp −$36doesn't fitdoesn'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+0.0073%8h0.005851+0.274%$85K$10K20xas long as short
Binance ACHUSDT+0.0100%8h0.0058350.000%$1.5M$2.6M50xas long as short
Bybit ACHUSDT+0.0100%4h0.005836+0.017%$697K$324K25xas long as short
OKX ACH-USDT-SWAPshort+0.0100%4h0.005831−0.069%$331K$485K10x
Gate ACH_USDT+0.0100%8h0.005826−0.154%$137K$56K50xas long as short
MEXC ACH_USDT+0.0100%8h0.005834−0.017%$895K$344K125xas long as short
KuCoin ACHUSDTM+0.0100%8h0.005839+0.069%$262K$51K30xas long as short
Bitget ACHUSDT+0.0100%8h0.0058350.000%$753K$401K50xas long as short
BingX ACH-USDTlong+0.0100%8h0.005835long leg$1.3M
Variational Omni ACH+0.0100%4h0.005857+0.369%$8K$420as long as short