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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.014%
Price spread now: BingX against Extended+0.227%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$325as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3283.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.227%, 7d avg −0.081%
Together, before fees−0.243%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.308% dearer against Extended than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20350.0608pay 0.0076% / 1h9m 04s$18K$218K5x
ShortBingX B-USDT0.20400.0770get 0.0385% / 4h2h 09m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
$34.02
Price spread: +0.227% → −0.081%
$30.81
Slippage, 4 orders
−$313.06
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$263.23
Costs to cover
3.281%
Break-even
61.2 days
Slippage from Extended: live order book, 58 min ago; BingX: live order book, 4 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 Extended live order book, 58 min ago9.73 bp97.5 bp −$98820.0 bp −$8,200doesn't fitdoesn't fit
Sell BingX live order book, 4 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%4h0.2035−0.019%$3.5M$635K20xas long as short
KuCoin BUSDTM+0.0376%4h0.2036+0.055%$1.9M$72K10xas long as short
Bybit BUSDT+0.0466%4h0.2034−0.048%$1.7M$934K13xas long as short
Extended B-USDlong+0.0608%1h0.2035long leg$18K$218K5x
Binance BUSDT+0.0611%4h0.2036+0.011%$11.8M$2.0M20xas long as short
MEXC B_USDT+0.0614%4h0.2035−0.019%$998K$366K100xas long as short
edgeX BUSDC+0.0617%4h0.2045+0.460%$3K$389K5xas long as short
BingX B-USDTshort+0.0770%4h0.2040+0.227%$1.3M
Bitget BUSDT+0.0774%4h0.2035−0.019%$2.8M$258K10xas long as short
Aster BUSDT+0.1320%4h0.2037+0.067%$1.9M$212K5xas long as short