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

API3

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX0.000%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2532.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.028%+$3 · spread now 0.000%, 7d avg +0.063%
Together, before fees+0.028%+$3 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 0.063% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX API3-USDT0.26140.0100pay 0.0050% / 4h2h 12m$6.7M
ShortBybit API3USDT0.26140.0100get 0.0050% / 4h2h 12m$994K$397K25x

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% → +0.063%
−$6.27
Slippage, 4 orders
−$231.66
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$258.93
Costs to cover
2.527%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 48 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 ago5.73 bp28.2 bp −$2879.1 bp −$791445.4 bp −$44.5K488.5 bp −$244.3K
Sell Bybit live order book, 48 min ago3.82 bp114.0 bp −$114doesn't fitdoesn't fitdoesn't fit

API3 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
Kraken Futures PF_API3USD−0.0555%1h0.2615+0.052%$13K$2K10xas long as short
Aster API3USDT+0.0100%4h0.2613−0.038%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2613−0.024%$2.6M$2.0M50xas long as short
Bybit API3USDTshort+0.0100%4h0.26140.000%$994K$397K25x
OKX API3-USDT-SWAP+0.0100%4h0.2611−0.115%$649K$527K10xas long as short
Gate API3_USDT+0.0100%8h0.26140.000%$126K$103K50xas long as short
MEXC API3_USDT+0.0100%4h0.2612−0.077%$483K$266K50xas long as short
KuCoin API3USDTM+0.0100%4h0.2612−0.077%$1.0M$273K30xas long as short
Bitget API3USDT+0.0100%4h0.2612−0.077%$657K$203K20xas long as short
BingX API3-USDTlong+0.0100%4h0.2614long leg$6.7M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni API3+0.0100%4h0.2619+0.173%$6K$1as long as short