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

ATH

all ATH markets
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: Binance against Bitget+0.194%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days−0.239%−$24 · spread now +0.194%, 7d avg +0.020%
Together, before fees−0.229%−$23 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: Binance is 0.174% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATHUSDT0.0054830.0100pay 0.0050% / 4h31m 57s$1.5M$874K25x
ShortBinance ATHUSDT0.0054940.0100get 0.0050% / 4h31m 57s$3.3M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: +0.194% → +0.020%
$17.41
Slippage, 4 orders
−$104.1
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$108.69
Costs to cover
1.261%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 5 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 Bitget live order book, 5 min ago9.13 bp34.2 bp −$34146.2 bp −$1,462doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago1.82 bp25.9 bp −$26101.5 bp −$1,015doesn't fitdoesn't fit

ATH 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_ATHUSD−0.2886%1h0.005485+0.033%$19K$106K10xas long as short
Variational Omni ATH−0.0104%4h0.005470−0.236%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005495+0.219%$11K$575xas long as short
BloFin ATH-USDT+0.0079%4h0.005485+0.036%$166K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005495+0.223%$5K$42K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005494+0.194%$3.3M$4.2M50x
Bybit ATHUSDT+0.0100%4h0.005487+0.073%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005490+0.128%$701K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005482−0.018%$785K$575K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005492+0.164%$8.9M$629K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005486+0.055%$555K$76K30xas long as short
Bitget ATHUSDTlong+0.0100%4h0.005483long leg$1.5M$874K25x
BingX ATH-USDT+0.0100%4h0.005492+0.164%$21.6Mas long as short