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

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin+0.071%111s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.792% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.349%−$35 · spread now +0.071%, 7d avg −0.008%
Together, before fees−0.342%−$34 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 0.079% dearer against BloFin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BAT-USDT0.084300.0096pay 0.0096% / 8h3h 31m$100K$32K50x
ShortBingX BAT-USDT0.084360.0100get 0.0100% / 8h3h 31m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$0.76
Price spread: +0.071% → −0.008%
$7.91
Slippage, 4 orders
−$57.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$70.5
Costs to cover
0.792%
Break-even
656.5 days
Slippage from BloFin: live order book, 21 min ago; BingX: live order book, 13 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 BloFin live order book, 21 min ago7.68 bp19.1 bp −$1950.5 bp −$505doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.14 bp20.7 bp −$2158.3 bp −$583415.7 bp −$41.6K490.1 bp −$245.1K

BAT 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
Kraken Futures PF_BATUSD−0.0231%1h0.08444+0.162%$116K$7K10xas long as short
BloFin BAT-USDTlong+0.0096%8h0.08430long leg$100K$32K50x
Binance BATUSDT+0.0100%8h0.08439+0.106%$1.9M$2.0M50xas long as short
Bybit BATUSDT+0.0100%8h0.08432+0.024%$1.1M$480K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08438+0.095%$534K$411K20xas long as short
Gate BAT_USDT+0.0100%8h0.08431+0.012%$83K$32K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08433+0.036%$810K$636K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08440+0.119%$264K$62K20xas long as short
Bitget BATUSDT+0.0100%8h0.08437+0.083%$676K$165K50xas long as short
BingX BAT-USDTshort+0.0100%8h0.08436+0.071%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08433+0.030%$115K$78as long as short