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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.102%
Price spread now: Bitget against BingX+0.049%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1651.655% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.292%−$29 on $10k
Price spread, last 7 days−0.160%−$16 · spread now +0.049%, 7d avg −0.014%
Together, before fees−0.451%−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.063% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.292%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B-USDT0.20320.1180pay 0.0590% / 4h37m 13s$1.2M
ShortBitget BUSDT0.20330.1222get 0.0611% / 4h37m 13s$2.8M$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$8.82
Price spread: +0.049% → −0.014%
$6.3
Slippage, 4 orders
−$143.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$150.35
Costs to cover
1.655%
Break-even
126.3 days
Slippage from BingX: live order book, 5 min ago; Bitget: 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 BingX live order book, 5 min ago31.89 bp54.3 bp −$54246.8 bp −$2,468852.4 bp −$85.2Kdoesn't fit
Sell Bitget live order book, 5 min ago4.92 bp23.5 bp −$24144.7 bp −$1,447doesn't fitdoesn't fit

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
Gate B_USDT+0.0100%4h0.2034+0.098%$3.5M$594K20xas long as short
KuCoin BUSDTM+0.0296%4h0.2034+0.079%$1.9M$72K10xas long as short
Bybit BUSDT+0.0596%4h0.2032−0.020%$1.8M$974K13xas long as short
Extended B-USD+0.0824%1h0.2034+0.093%$15K$117K5xas long as short
MEXC B_USDT+0.0824%4h0.2034+0.098%$978K$350K100xas long as short
Binance BUSDT+0.0825%4h0.2034+0.115%$11.7M$2.0M20xas long as short
edgeX BUSDC+0.0827%4h0.2036+0.209%$3K$390K5xas long as short
BloFin B-USDT+0.0883%4h0.2034+0.098%$595K$39K20xas long as short
BingX B-USDTlong+0.1180%4h0.2032long leg$1.2M
Bitget BUSDTshort+0.1222%4h0.2033+0.049%$2.8M$233K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1438%4h0.2033+0.049%$1.9M$211K5xas long as short