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

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.166%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1071.070% 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)−0.051%−$5 · spread now +0.166%, 7d avg +0.061%
Together, before fees−0.026%−$3 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 0.105% dearer against OKX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BAT-USDT-SWAP0.084100.0100pay 0.0100% / 8h31m 05s$533K$477K20x
ShortBingX BAT-USDT0.084240.0100get 0.0100% / 8h31m 05s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.166% → +0.061%
$10.51
Slippage, 4 orders
−$86.97
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$96.46
Costs to cover
1.070%
Break-even
never at this rate
Slippage from OKX: live order book, 45 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 OKX live order book, 45 min ago1.78 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.15 bp17.5 bp −$1852.1 bp −$521401.4 bp −$40.1K471.0 bp −$235.5K

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−0.0774%1h0.08419+0.106%$117K$15K10xas long as short
BloFin BAT-USDT+0.0085%8h0.08423+0.155%$100K$22K50xas long as short
Binance BATUSDT+0.0100%8h0.08415+0.061%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08422+0.143%$1.1M$469K25xas long as short
OKX BAT-USDT-SWAPlong+0.0100%8h0.08410long leg$533K$477K20x
Gate BAT_USDT+0.0100%8h0.08431+0.250%$84K$53K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08418+0.095%$877K$625K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08430+0.238%$266K$61K20xas long as short
Bitget BATUSDT+0.0100%8h0.08426+0.190%$680K$182K50xas long as short
BingX BAT-USDTshort+0.0100%8h0.08424+0.166%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08421+0.125%$115K$78as long as short