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 +0.003%
Price spread now: BingX against OKX+0.164%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.130%−$13 · spread now +0.164%, 7d avg +0.041%
Together, before fees−0.095%−$10 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 0.123% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ATH-USDT-SWAP0.0055030.0100pay 0.0050% / 4h29m 13s$704K$1.3M20x
ShortBingX ATH-USDT0.0055120.0100get 0.0050% / 4h29m 13s$21.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.164% → +0.041%
$12.25
Slippage, 4 orders
−$102.2
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$109.95
Costs to cover
1.222%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 9 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 OKX live order book, 2 min ago1.82 bp32.8 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago7.27 bp29.7 bp −$3073.2 bp −$732595.6 bp −$59.6K939.5 bp −$469.8K

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−0.2872%1h0.005513+0.178%$19K$106K10xas long as short
Variational Omni ATH−0.0073%4h0.005490−0.236%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005516+0.234%$11K$575xas long as short
BloFin ATH-USDT+0.0053%4h0.005496−0.127%$166K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005519+0.290%$5K$42K5xas long as short
Binance ATHUSDT+0.0100%4h0.005517+0.256%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005507+0.073%$4.4M$2.6M25xas long as short
OKX ATH-USDT-SWAPlong+0.0100%4h0.005503long leg$704K$1.3M20x
Gate ATH_USDT+0.0100%4h0.005506+0.055%$788K$577K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005520+0.309%$8.9M$630K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005512+0.164%$556K$76K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005512+0.164%$1.6M$876K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005512+0.164%$21.6M