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+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.195%
Price spread now: BingX against Gate+0.243%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2812.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.411%+$41 on $10k
Price spread, last 7 days−0.045%−$5 · spread now +0.243%, 7d avg +0.106%
Together, before fees+0.366%+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.138% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate B_USDT0.20560.0100pay 0.0050% / 4h31m 51s$3.5M$623K20x
ShortBingX B-USDT0.20610.0506get 0.0253% / 4h31m 51s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$85.26
Price spread: +0.243% → +0.106%
$13.75
Slippage, 4 orders
−$256.01
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$182
Costs to cover
2.810%
Break-even
21.9 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 14 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 Gate live order book, 1 min ago14.65 bp54.8 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago31.92 bp66.1 bp −$66172.6 bp −$1,726802.7 bp −$80.3K1197.5 bp −$598.7K

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_USDTlong+0.0100%4h0.2056long leg$3.5M$623K20x
KuCoin BUSDTM+0.0100%4h0.2053−0.146%$1.9M$73K10xas long as short
Bybit BUSDT+0.0363%4h0.2059+0.146%$1.7M$906K13xas long as short
Binance BUSDT+0.0364%4h0.2059+0.146%$11.9M$1.9M20xas long as short
Extended B-USD+0.0368%1h0.2058+0.117%$17K$222K5xas long as short
MEXC B_USDT+0.0378%4h0.2059+0.146%$1.0M$370K100xas long as short
BloFin B-USDT+0.0380%4h0.2047−0.438%$603K$40K20xas long as short
edgeX BUSDC+0.0385%4h0.2049−0.330%$3K$390K5xas long as short
BingX B-USDTshort+0.0506%4h0.2061+0.243%$1.3M
Bitget BUSDT+0.0518%4h0.2057+0.049%$2.8M$254K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1217%4h0.2055−0.029%$1.9M$212K5xas long as short