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

ATH

all ATH 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 0.000%
Price spread now: BingX against Bitget+0.055%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1121.120% 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−0.115%−$12 · spread now +0.055%, 7d avg −0.048%
Together, before fees−0.106%−$11 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: BingX is 0.103% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATHUSDT0.0054970.0100pay 0.0050% / 4h1h 08m$1.5M$909K25x
ShortBingX ATH-USDT0.0055000.0100get 0.0050% / 4h1h 08m$21.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: +0.055% → −0.048%
$10.29
Slippage, 4 orders
−$89.96
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$101.67
Costs to cover
1.120%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 15 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, 3 min ago7.28 bp25.2 bp −$2596.9 bp −$969doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago5.44 bp29.3 bp −$2973.4 bp −$734631.1 bp −$63.1K989.0 bp −$494.5K

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−0.2377%1h0.005502+0.093%$17K$109K10xas long as short
Variational Omni ATH−0.0101%4h0.005491−0.109%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005509+0.217%$11K$595xas long as short
BloFin ATH-USDT+0.0052%4h0.005503+0.109%$163K$71K75xas long as short
Aster ATHUSDT+0.0100%4h0.005503+0.115%$5K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005504+0.122%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005493−0.073%$4.3M$2.7M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005494−0.055%$706K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005493−0.073%$785K$616K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005506+0.164%$9.0M$677K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005498+0.018%$553K$80K30xas long as short
Bitget ATHUSDTlong+0.0100%4h0.005497long leg$1.5M$909K25x
BingX ATH-USDTshort+0.0100%4h0.005500+0.055%$21.3M