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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against edgeX+0.074%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.229%+$23 · spread now +0.074%, 7d avg −0.025%
Together, before fees+0.229%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.098% dearer against edgeX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX BUSDC0.20210.0875pay 0.0437% / 4h1h 55m$3K$389K5x
ShortBinance BUSDT0.20220.0875get 0.0438% / 4h1h 55m$11.7M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
$0.1
Price spread: +0.074% → −0.025%
$9.84
Slippage, 4 orders
−$108.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$117.82
Costs to cover
1.278%
Break-even
8544.8 days
Slippage from edgeX: live order book, 28 min ago; Binance: live order book, 15 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 edgeX live order book, 28 min ago7.40 bp37.7 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago2.47 bp28.3 bp −$28232.1 bp −$2,321doesn'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%4h0.2021+0.024%$3.4M$583K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2018−0.139%$1.9M$71K10xas long as short
BloFin B-USDT+0.0871%4h0.2022+0.074%$593K$39K20xas long as short
Extended B-USD+0.0872%1h0.2022+0.057%$15K$117K5xas long as short
MEXC B_USDT+0.0874%4h0.2022+0.074%$969K$346K100xas long as short
edgeX BUSDClong+0.0875%4h0.2021long leg$3K$389K5x
Binance BUSDTshort+0.0875%4h0.2022+0.074%$11.7M$2.0M20x
BingX B-USDT+0.1022%4h0.2023+0.123%$1.2Mas long as short
Bybit BUSDT+0.1023%4h0.2020−0.020%$1.7M$946K13xas long as short
Bitget BUSDT+0.1110%4h0.2020−0.025%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1349%4h0.2022+0.074%$1.9M$205K5xas long as short