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

ARGUS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRnext payment +$1.43 per $10,000 · paid last 24h +0.088%
Price spread now: Gate against BingX+0.901%7-day average −0.595% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.901%, 7d avg −0.595%
Together, before fees−0.183%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 1.496% dearer against BingX than usual: you sell high and buy low: +$150 more if the spread goes back to its 7-day average of −0.595%. Mind the row above: over the last 6 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.077% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ARGUS-USDT0.01553−0.0186get 0.0093% / 4h1h 20m$1.0M
ShortGate ARGUS_USDT0.015670.0100get 0.0050% / 4h1h 20m$146K$225K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$60.06
Price spread: +0.901% → −0.595%
$149.64
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$184.7
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: BingX: live order book, 9 min ago; Gate: live order book, 36 min ago. Net counts fees only.

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, 9 min ago22.51 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 36 min ago41.07 bp790.5 bp −$791doesn't fitdoesn't fitdoesn't fit

ARGUS on 5 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
MEXC ARGUS_USDT−0.0266%4h0.01561+0.515%$26K$89K20xas long as short
BingX ARGUS-USDTlong−0.0186%4h0.01553long leg$1.0M
edgeX ARGUSUSDC+0.0089%4h0.01585+2.036%$4K$162K3xas long as short
Gate ARGUS_USDTshort+0.0100%4h0.01567+0.901%$146K$225K10x
Aster ARGUSUSDT+0.0198%1h0.01574+1.352%$38K$59K5xas long as short