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

BASED

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against SunX0.000%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 3 days (all we have)+0.018%+$2 · spread now 0.000%, 7d avg −0.001%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BASED-USDT0.068290.0100pay 0.0050% / 4h2h 52m$1K$858K20x
ShortBingX BASED-USDT0.068290.0100get 0.0050% / 4h2h 52m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
Price spread: 0.000% → −0.001%
$0.14
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$17.86
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 60 min ago; BingX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 60 min ago500.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.11 bp22.6 bp −$2382.7 bp −$827doesn't fitdoesn't fit

BASED on 15 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
Binance BASEDUSDT+0.0100%4h0.06834+0.073%$4.2M$3.1M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06824−0.073%$2.1M$642K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06834+0.073%$2.6M$3.7M20xas long as short
Gate BASED_USDT+0.0100%4h0.06818−0.161%$539K$545K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06835+0.088%$4.9M$626K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06822−0.103%$572K$65K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06839+0.146%$1.3M$370K25xas long as short
BingX BASED-USDTshort+0.0100%4h0.068290.000%$1.7M
Variational Omni BASED+0.0100%4h0.06814−0.213%$94K$18Kas long as short
GRVT BASED_USDT_Perp+0.0100%4h0.06810−0.278%$97K$382K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX BASED-USDTlong+0.0100%4h0.06829long leg$1K$858K20x
Extended BASED-USD+0.0104%1h0.06830+0.020%$3K$200K5xas long as short
BloFin BASED-USDT+0.0156%4h0.06797−0.469%$255K$41K25xas long as short
Orderly PERP_BASED_USDC+0.0265%4h0.06827−0.029%$3K$1K10xas long as short
Aster BASEDUSDT+0.0316%4h0.06819−0.141%$29K$6K5xas long as short