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+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against BloFin+0.021%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1301.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 3 days (all we have)+1.889%+$189 · spread now +0.021%, 7d avg +0.056%
Together, before fees+1.892%+ Points / potential airdropedgeX: Active · farm board+$189 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.036% cheaper against BloFin than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.056%). If the spread goes back, that is −$4 on $10k: about 41 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.003% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20270.0756pay 0.0378% / 4h2h 32m$596K$39K20x
ShortedgeX BUSDC0.20270.0827get 0.0413% / 4h2h 32m$3K$392K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
$14.75
Price spread: +0.021% → +0.056%
−$3.57
Slippage, 4 orders
−$108.99
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$118.82
Costs to cover
1.300%
Break-even
63.4 days
Slippage from BloFin: live order book, 53 min ago; edgeX: live order book, 55 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 BloFin live order book, 53 min ago7.44 bp22.0 bp −$2295.7 bp −$957doesn't fitdoesn't fit
Sell edgeX live order book, 55 min ago7.45 bp38.4 bp −$38doesn'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%4h0.2024−0.148%$3.4M$590K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2023−0.183%$1.9M$71K10xas long as short
Bybit BUSDT+0.0627%4h0.2024−0.153%$1.8M$937K13xas long as short
BloFin B-USDTlong+0.0756%4h0.2027long leg$596K$39K20x
BingX B-USDT+0.0788%4h0.2026−0.049%$1.2Mas long as short
MEXC B_USDT+0.0814%4h0.2025−0.099%$969K$343K100xas long as short
Binance BUSDT+0.0816%4h0.2025−0.117%$11.7M$2.0M20xas long as short
Extended B-USD+0.0816%1h0.2025−0.103%$15K$117K5xas long as short
edgeX BUSDCshort+0.0827%4h0.2027+0.021%$3K$392K5x
Bitget BUSDT+0.0862%4h0.2021−0.296%$2.7M$231K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1320%4h0.2027−0.022%$1.9M$201K5xas long as short