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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Binance+0.099%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 7 days−0.168%−$17 · spread now +0.099%, 7d avg −0.079%
Together, before fees−0.131%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.179% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BUSDT0.20110.0273pay 0.0136% / 4h3h 33m$11.6M$2.0M20x
ShortBingX B-USDT0.20130.0332get 0.0166% / 4h3h 33m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$12.42
Price spread: +0.099% → −0.079%
$17.85
Slippage, 4 orders
−$173.11
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$162.84
Costs to cover
1.931%
Break-even
98.7 days
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 10 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 Binance live order book, 7 min ago4.94 bp40.9 bp −$41483.4 bp −$4,83410379.2 bp −$1.04Mdoesn't fit
Sell BingX live order book, 10 min ago34.33 bp48.6 bp −$49140.3 bp −$1,403850.8 bp −$85.1K1205.5 bp −$602.7K

B on 11 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
Bybit BUSDT+0.0100%4h0.2005−0.278%$1.8M$995K13xas long as short
Gate B_USDT+0.0100%4h0.2012+0.050%$3.4M$629K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2013+0.119%$1.9M$82K10xas long as short
edgeX BUSDC+0.0272%4h0.2024+0.656%$3K$390K5xas long as short
Extended B-USD+0.0272%1h0.2013+0.112%$16K$216K5xas long as short
Binance BUSDTlong+0.0273%4h0.2011long leg$11.6M$2.0M20x
MEXC B_USDT+0.0276%4h0.2012+0.050%$971K$375K100xas long as short
BloFin B-USDT+0.0282%4h0.2012+0.050%$598K$38K20xas long as short
Bitget BUSDT+0.0310%4h0.2012+0.050%$2.8M$298K10xas long as short
BingX B-USDTshort+0.0332%4h0.2013+0.099%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.0954%4h0.2010−0.060%$1.9M$224K5xas long as short