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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.7% APRnext payment $0.35 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against BingX+0.115%81s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. BloFin is 0.115% dearer against BingX than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.043% in total) that is about 19 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BIRB-USDT0.069530.1686pay 0.0843% / 4h3h 13m$737K
ShortBloFin BIRB-USDT0.069610.1616get 0.0808% / 4h3h 13m$84K$5K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$14.74
Price spread: +0.115% → 0.000%
$11.51
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.23
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 75 min ago; BloFin: no order-book sample. Net counts fees only.

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, 75 min ago10.87 bp38.2 bp −$38143.2 bp −$1,4321161.4 bp −$116.1K1454.4 bp −$727.2K
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIRB 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 BIRBUSDT+0.0100%4h0.06968+0.219%$16K$17K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06965+0.173%$1.3M$1.7M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06958+0.072%$61K$56K20xas long as short
MEXC BIRB_USDT+0.0100%4h0.06976+0.331%$142K$101K50xas long as short
KuCoin BIRBUSDTM+0.0100%4h0.06976+0.331%$75K$37K20xas long as short
Bitget BIRBUSDT+0.0100%4h0.06969+0.230%$438K$194K20xas long as short
BloFin BIRB-USDTshort+0.1616%4h0.06961+0.115%$84K$5K25x
Bybit BIRBUSDT+0.1627%4h0.06939−0.201%$647K$463K25xas long as short
BingX BIRB-USDTlong+0.1686%4h0.06953long leg$737K