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

B2

all B2 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 +0.053%
Price spread now: BingX against MEXC−0.099%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.099%, 7d avg −0.064%
Together, before fees−0.065%−$6 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 0.035% cheaper against MEXC than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B2_USDT0.50320.0412pay 0.0206% / 4h28m 58s$556K$388K100x
ShortBingX B2-USDT0.50270.0394get 0.0197% / 4h28m 58s$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: −0.099% → −0.064%
−$3.53
Slippage, 4 orders
−$112.97
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$138.28
Costs to cover
1.310%
Break-even
never at this rate
Slippage from MEXC: live order book, 21 min ago; BingX: live order book, 2 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 MEXC live order book, 21 min ago2.96 bp20.9 bp −$21103.7 bp −$1,037234.9 bp −$23.5Kdoesn't fit
Sell BingX live order book, 2 min ago7.91 bp45.3 bp −$45136.6 bp −$1,366964.4 bp −$96.4Kdoesn't fit

B2 on 9 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
Bybit B2USDT+0.0100%4h0.5027−0.099%$1.6M$2.1M20xas long as short
Bitget B2USDT+0.0270%4h0.5028−0.079%$2.8M$964K50xas long as short
BingX B2-USDTshort+0.0394%4h0.5027−0.099%$1.4M
MEXC B2_USDTlong+0.0412%4h0.5032long leg$556K$388K100x
Binance B2USDT+0.0413%4h0.5029−0.060%$8.2M$10.2M50xas long as short
Variational Omni B2+0.0444%4h0.5083+1.016%$14K$2Kas long as short
Aster B2USDT+0.0778%4h0.50320.000%$158K$171K5xas long as short
KuCoin B2USDTM+0.0888%4h0.5030−0.040%$1.0M$317K50xas long as short
Gate B2_USDT+0.2056%4h0.5029−0.060%$909K$387K20xas long as short