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

ARGUS

all ARGUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0286%/8h= −31.3% APRnext payment $1.43 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Gate+0.307%7-day average +0.580% · 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)+0.178%+$18 on $10k
Price spread, last 4 days (all we have)−0.801%−$80 · spread now +0.307%, 7d avg +0.580%
Together, before fees−0.622%−$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.273% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.580%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.178%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ARGUS_USDT0.016270.0100pay 0.0050% / 4h2h 31m$153K$210K10x
ShortBingX ARGUS-USDT0.01632−0.0186pay 0.0093% / 4h2h 31m$1.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.307% → +0.580%
−$27.27
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$112.33
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 9 min ago; BingX: live order book, 8 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 Gate live order book, 9 min ago67.57 bp7074.0 bp −$7,074doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago24.51 bpdoesn't fitdoesn'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%4h0.01635+0.492%$27K$88K20xas long as short
BingX ARGUS-USDTshort−0.0186%4h0.01632+0.307%$1.0M
edgeX ARGUSUSDC+0.0049%4h0.01649+1.336%$5K$159K3xas long as short
Aster ARGUSUSDT+0.0100%1h0.01648+1.304%$38K$54K5xas long as short
Gate ARGUS_USDTlong+0.0100%4h0.01627long leg$153K$210K10x