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

CLANKER

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.04 per $10,000 · paid last 24h +0.014%
Price spread now: BloFin against BingX−0.147%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1491.492% 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)+0.190%+$19 · spread now −0.147%, 7d avg +0.079%
Together, before fees+0.189%+$19 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: BloFin is 0.226% cheaper against BingX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CLANKER-USDT13.6000.0100pay 0.0050% / 4h26m 49s$6.8M
ShortBloFin CLANKER-USDT13.5800.0093get 0.0046% / 4h26m 49s$120K$24K25x

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
−$1.54
Price spread: −0.147% → +0.079%
−$22.63
Slippage, 4 orders
−$127.17
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$173.35
Costs to cover
1.492%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 2 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, 10 min ago7.28 bp41.3 bp −$41158.4 bp −$1,5841330.1 bp −$133.0K1637.2 bp −$818.6K
Sell BloFin live order book, 2 min ago3.67 bp46.1 bp −$46140.1 bp −$1,401doesn't fitdoesn't fit

CLANKER on 10 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
BloFin CLANKER-USDTshort+0.0093%4h13.580−0.147%$120K$24K25x
Binance CLANKERUSDT+0.0100%4h13.598−0.016%$1.8M$5.4M25xas long as short
Bybit CLANKERUSDT+0.0100%4h13.594−0.044%$629K$1.1M20xas long as short
Gate CLANKER_USDT+0.0100%4h13.570−0.221%$116K$159K25xas long as short
MEXC CLANKER_USDT+0.0100%4h13.590−0.074%$375K$265K50xas long as short
KuCoin CLANKERUSDTM+0.0100%4h13.610+0.074%$362K$150K25xas long as short
Bitget CLANKERUSDT+0.0100%4h13.610+0.074%$619K$513K20xas long as short
BingX CLANKER-USDTlong+0.0100%4h13.600long leg$6.8M
Variational Omni CLANKER+0.0100%4h13.664+0.468%$27K$31Kas long as short
Aster CLANKERUSDT+0.0634%4h13.607+0.054%$16K$30K5xas long as short