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

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h +0.009%
Price spread now: Extended against BingX−0.097%7-day average +0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3283.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.097%, 7d avg +0.083%
Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Extended is 0.180% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B-USDT0.20340.1156pay 0.0578% / 4h10m 39s$1.2M
ShortExtended B-USD0.20320.0752get 0.0094% / 1h10m 39s$15K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$84.84
Price spread: −0.097% → +0.083%
−$18.05
Slippage, 4 orders
−$312.74
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$430.62
Costs to cover
3.277%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Extended: live order book, 65 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 ago31.95 bp55.8 bp −$56208.3 bp −$2,083850.0 bp −$85.0Kdoesn't fit
Sell Extended live order book, 65 min ago7.43 bp135.5 bp −$136doesn't fitdoesn'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%4h0.2031−0.147%$3.5M$600K20xas long as short
KuCoin BUSDTM+0.0436%4h0.2031−0.172%$1.9M$72K10xas long as short
Bybit BUSDT+0.0693%4h0.2031−0.152%$1.7M$977K13xas long as short
edgeX BUSDC+0.0741%4h0.2034+0.011%$3K$389K5xas long as short
BloFin B-USDT+0.0746%4h0.20340.000%$597K$39K20xas long as short
Extended B-USDshort+0.0752%1h0.2032−0.097%$15K$117K5x
MEXC B_USDT+0.0752%4h0.2032−0.098%$979K$352K100xas long as short
Binance BUSDT+0.0754%4h0.2033−0.049%$11.7M$2.0M20xas long as short
BingX B-USDTlong+0.1156%4h0.2034long leg$1.2M
Bitget BUSDT+0.1236%4h0.2033−0.049%$2.8M$239K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1450%4h0.2034+0.011%$1.9M$211K5xas long as short