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

BB

all BB 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 −0.036%
Price spread now: Bybit against BingX+0.067%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2972.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.067%, 7d avg +0.049%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BB-USDT0.0089800.0100pay 0.0050% / 4h1h 57m$1.3M
ShortBybit BBUSDT0.0089860.0100get 0.0050% / 4h1h 57m$674K$758K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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: +0.067% → +0.049%
$1.82
Slippage, 4 orders
−$275.68
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$294.86
Costs to cover
2.967%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 22 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 BingX live order book, 2 min ago8.35 bp37.8 bp −$38144.2 bp −$1,442546.3 bp −$54.6K959.0 bp −$479.5K
Sell Bybit live order book, 22 min ago6.09 bp109.7 bp −$110doesn'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
Kraken Futures PF_BBUSD−0.1422%1h0.008975−0.052%$22K$1K10xas long as short
Aster BBUSDT+0.0100%4h0.008975−0.060%$12K$14K5xas long as short
Binance BBUSDT+0.0100%4h0.008987+0.075%$3.2M$6.7M50xas long as short
Bybit BBUSDTshort+0.0100%4h0.008986+0.067%$674K$758K25x
Gate BB_USDT+0.0100%4h0.008990+0.111%$130K$199K50xas long as short
MEXC BB_USDT+0.0100%4h0.008984+0.045%$1.5M$615K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.0089800.000%$441K$78K50xas long as short
Bitget BBUSDT+0.0100%4h0.0089800.000%$322K$471K50xas long as short
BingX BB-USDTlong+0.0100%4h0.008980long leg$1.3M