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

CKB

all CKB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX+0.039%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3133.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.039%, 7d avg +0.059%
Together, before fees+0.013%+$1 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: Bybit is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CKB-USDT0.0012920.0100pay 0.0100% / 8h3h 32m$1.2M
ShortBybit CKBUSDT0.0012930.0100get 0.0100% / 8h3h 32m$293K$262K25x

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: +0.039% → +0.059%
−$2.07
Slippage, 4 orders
−$291.82
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$314.89
Costs to cover
3.128%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 11 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, 9 min ago7.33 bp29.7 bp −$30125.5 bp −$1,255617.8 bp −$61.8K992.9 bp −$496.4K
Sell Bybit live order book, 11 min ago4.99 bp123.4 bp −$123776.3 bp −$7,763doesn't fitdoesn't fit

CKB 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_CKBUSD+0.0003%1h0.001294+0.153%$6K$1610xas long as short
Binance CKBUSDT+0.0100%8h0.001294+0.124%$1.4M$1.4M50xas long as short
Bybit CKBUSDTshort+0.0100%8h0.001293+0.039%$293K$262K25x
Gate CKB_USDT+0.0100%8h0.001294+0.155%$140K$39K25xas long as short
MEXC CKB_USDT+0.0100%8h0.001293+0.077%$492K$390K125xas long as short
KuCoin CKBUSDTM+0.0100%8h0.001296+0.310%$262K$34K20xas long as short
Bitget CKBUSDT+0.0100%8h0.001294+0.155%$328K$147K50xas long as short
BingX CKB-USDTlong+0.0100%8h0.001292long leg$1.2M
Variational Omni CKB+0.0100%8h0.001295+0.195%$3K$1as long as short