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

ACT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against OKX−0.073%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days+0.190%+$19 · spread now −0.073%, 7d avg −0.006%
Together, before fees+0.284%+$28 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: BingX is 0.067% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ACT-USDT-SWAP0.010960.0107pay 0.0054% / 4h53m 43s$779K$1.4M10x
ShortBingX ACT-USDT0.010950.0112get 0.0056% / 4h53m 43s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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
$1.01
Price spread: −0.073% → −0.006%
−$6.69
Slippage, 4 orders
−$124.82
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$150.5
Costs to cover
1.448%
Break-even
1052.2 days
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 4 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 OKX live order book, 3 min ago3.63 bp39.1 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.56 bp29.0 bp −$29174.6 bp −$1,746608.9 bp −$60.9K973.6 bp −$486.8K

ACT 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
Binance ACTUSDT+0.0100%4h0.01094−0.132%$2.1M$2.3M10xas long as short
Bybit ACTUSDT+0.0100%4h0.01097+0.064%$597K$422K25xas long as short
Gate ACT_USDT+0.0100%4h0.01094−0.164%$139K$83K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01095−0.064%$6.4M$112K20xas long as short
Bitget ACTUSDT+0.0100%4h0.01094−0.164%$262K$90K10xas long as short
OKX ACT-USDT-SWAPlong+0.0107%4h0.01096long leg$779K$1.4M10x
BingX ACT-USDTshort+0.0112%4h0.01095−0.073%$1.2M