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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h +0.069%
Price spread now: BingX against Bitget−0.049%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1801.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.285%+$29 on $10k
Price spread, last 7 days+0.212%+$21 · spread now −0.049%, 7d avg +0.013%
Together, before fees+0.497%+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.062% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.285%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BUSDT0.20420.0788pay 0.0394% / 4h2h 11m$2.8M$257K10x
ShortBingX B-USDT0.20410.0770get 0.0385% / 4h2h 11m$1.3M

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
−$3.78
Price spread: −0.049% → +0.013%
−$6.18
Slippage, 4 orders
−$157.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$189.65
Costs to cover
1.797%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; BingX: live order book, 1 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, 6 min ago4.89 bp32.5 bp −$32452.9 bp −$4,529doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago31.82 bp54.7 bp −$55135.6 bp −$1,356836.9 bp −$83.7K1215.7 bp −$607.8K

B on 10 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%4h0.2041−0.049%$3.5M$633K20xas long as short
KuCoin BUSDTM+0.0400%4h0.2042−0.010%$1.9M$72K10xas long as short
Bybit BUSDT+0.0494%4h0.2041−0.044%$1.7M$934K13xas long as short
Binance BUSDT+0.0620%4h0.2044+0.095%$11.8M$2.0M20xas long as short
Extended B-USD+0.0624%1h0.2043+0.043%$18K$218K5xas long as short
MEXC B_USDT+0.0626%4h0.2043+0.049%$1.0M$363K100xas long as short
edgeX BUSDC+0.0630%4h0.2046+0.202%$3K$391K5xas long as short
BingX B-USDTshort+0.0770%4h0.2041−0.049%$1.3M
Bitget BUSDTlong+0.0788%4h0.2042long leg$2.8M$257K10x
Aster BUSDT+0.1334%4h0.2044+0.116%$1.9M$212K5xas long as short