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: BingX against KuCoin+0.122%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$442as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4474.472% 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)−0.082%−$8 · spread now +0.122%, 7d avg −0.028%
Together, before fees−0.028%−$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 0.151% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BBUSDTM0.0089800.0100pay 0.0050% / 4h28m 31s$442K$80K50x
ShortBingX BB-USDT0.0089910.0100get 0.0050% / 4h28m 31s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: +0.122% → −0.028%
$15.06
Slippage, 4 orders
−$425.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$432.16
Costs to cover
4.472%
Break-even
never at this rate
Slippage from KuCoin: live order book, 34 min ago; BingX: live order book, 3 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 KuCoin live order book, 34 min ago22.08 bp221.1 bp −$221doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago8.35 bp38.9 bp −$39111.4 bp −$1,114475.3 bp −$47.5K889.7 bp −$444.8K

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−0.0953%1h0.008982+0.022%$22K$1K10xas long as short
Aster BBUSDT+0.0100%4h0.008980−0.002%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.008984+0.045%$3.2M$6.6M50xas long as short
Bybit BBUSDT+0.0100%4h0.009006+0.290%$681K$756K25xas long as short
Gate BB_USDT+0.0100%4h0.008990+0.111%$127K$200K50xas long as short
MEXC BB_USDT+0.0100%4h0.0089800.000%$1.5M$583K100xas long as short
KuCoin BBUSDTMlong+0.0100%4h0.008980long leg$442K$80K50x
Bitget BBUSDT+0.0100%4h0.0089800.000%$313K$448K50xas long as short
BingX BB-USDTshort+0.0100%4h0.008991+0.122%$1.3M