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

BB

all BB markets
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: Gate against Binance+0.327%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2892.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.602%−$60 · spread now +0.327%, 7d avg +0.015%
Together, before fees−0.611%−$61 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: Gate is 0.312% dearer against Binance than usual: you sell high and buy low, +$31 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BBUSDT0.0091700.0100pay 0.0050% / 4h5m 31s$3.3M$6.9M50x
ShortGate BB_USDT0.0092000.0100get 0.0050% / 4h5m 31s$137K$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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: +0.327% → +0.015%
$31.18
Slippage, 4 orders
−$264.47
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$258.29
Costs to cover
2.895%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 46 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 Binance live order book, 3 min ago2.17 bp32.5 bp −$33216.6 bp −$2,166doesn't fitdoesn't fit
Sell Gate live order book, 46 min ago16.57 bp102.7 bp −$103doesn't fitdoesn't fitdoesn't fit

BB 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
Aster BBUSDT+0.0100%4h0.009174+0.044%$12K$13K5xas long as short
Binance BBUSDTlong+0.0100%4h0.009170long leg$3.3M$6.9M50x
Bybit BBUSDT+0.0100%4h0.009169−0.011%$695K$799K25xas long as short
Gate BB_USDTshort+0.0100%4h0.009200+0.327%$137K$231K50x
MEXC BB_USDT+0.0100%4h0.009161−0.098%$1.4M$580K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009180+0.109%$452K$95K50xas long as short
Bitget BBUSDT+0.0100%4h0.0091700.000%$341K$478K50xas long as short
BingX BB-USDT+0.0366%4h0.009187+0.185%$1.3Mas long as short
Kraken Futures PF_BBUSD+0.1441%1h0.009170−0.003%$22K$3K10xas long as short