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

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.024%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.024%, 7d avg +0.010%
Together, before fees+0.153%+$15 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: BingX is 0.034% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BATUSDT0.083970.0100pay 0.0100% / 8h6h 11m$671K$184K50x
ShortBingX BAT-USDT0.083950.0100get 0.0100% / 8h6h 11m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.024% → +0.010%
−$3.38
Slippage, 4 orders
−$88.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$114.08
Costs to cover
1.107%
Break-even
never at this rate
Slippage from Bitget: live order book, 54 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 Bitget live order book, 54 min ago4.76 bp30.9 bp −$31134.1 bp −$1,341doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.95 bp22.8 bp −$2362.5 bp −$625440.6 bp −$44.1K524.9 bp −$262.4K

BAT 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
Kraken Futures PF_BATUSD−0.0154%1h0.08403+0.072%$115K$16K10xas long as short
Binance BATUSDT+0.0100%8h0.08403+0.069%$1.9M$2.0M50xas long as short
Bybit BATUSDT+0.0100%8h0.08403+0.071%$1.1M$467K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08396−0.012%$532K$437K20xas long as short
Gate BAT_USDT+0.0100%8h0.08394−0.036%$82K$45K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08403+0.071%$823K$630K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08390−0.083%$264K$60K20xas long as short
Bitget BATUSDTlong+0.0100%8h0.08397long leg$671K$184K50x
BingX BAT-USDTshort+0.0100%8h0.08395−0.024%$1.3M
Variational Omni BAT+0.0100%8h0.08368−0.340%$114K$78as long as short