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

ANIME

all ANIME 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 −0.019%
Price spread now: Bybit against BingX0.000%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1631.629% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg +0.042%
Together, before fees+0.021%+$2 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 0.042% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ANIME-USDT0.0033570.0100pay 0.0050% / 4h3h 33m$6.5M
ShortBybit ANIMEUSDT0.0033570.0100get 0.0050% / 4h3h 33m$700K$276K25x

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: 0.000% → +0.042%
−$4.17
Slippage, 4 orders
−$141.92
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$167.09
Costs to cover
1.629%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 16 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, 2 min ago1.49 bp16.8 bp −$17228.0 bp −$2,280725.4 bp −$72.5Kdoesn't fit
Sell Bybit live order book, 16 min ago2.97 bp56.6 bp −$57208.0 bp −$2,080doesn't fitdoesn't fit

ANIME on 13 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
Kraken Futures PF_ANIMEUSD+0.0005%1h0.003359+0.064%$33K$1K10xas long as short
Hyperliquid ANIME+0.0100%1h0.003353−0.119%$292K$87K3xas long as short
Aster ANIMEUSDT+0.0100%4h0.003359+0.062%$27K$3K5xas long as short
Binance ANIMEUSDT+0.0100%4h0.003355−0.053%$1.3M$1.6M20xas long as short
Bybit ANIMEUSDTshort+0.0100%4h0.0033570.000%$700K$276K25x
OKX ANIME-USDT-SWAP+0.0100%4h0.003351−0.179%$428K$517K20xas long as short
Gate ANIME_USDT+0.0100%4h0.003356−0.030%$139K$58K25xas long as short
MEXC ANIME_USDT+0.0100%4h0.003355−0.060%$208K$88K20xas long as short
KuCoin ANIMEUSDTM+0.0100%4h0.003356−0.030%$435K$57K20xas long as short
Bitget ANIMEUSDT+0.0100%4h0.003358+0.030%$851K$149K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ANIME-USDTlong+0.0100%4h0.003357long leg$6.5M
Variational Omni ANIME+0.0100%4h0.003358+0.042%$11K$553as long as short
GMX ANIME/USD [ANIME-USDC]L +0.0497% / S −0.2017%1h0.003354−0.089%$819100xas long as short