Funding arb · Price arb /

CLANKER

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%

Price spread now: Binance against Bitget0.000%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$191as in the Price arb table

costs, in and out, $10k−$1851.852% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$11 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now 0.000%, 7d avg +0.061%

Together, before fees+0.064%+$6 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: Binance is 0.061% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CLANKERUSDT	14.050	0.0100	pay 0.0050% / 4h	1h 31m	$636K	$454K	20x
Short	Binance CLANKERUSDT	14.050	0.0100	get 0.0050% / 4h	1h 31m	$1.9M	$4.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.061%: −$6.11
Slippage, 4 orders: −$163.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$191.34
Costs to cover: 1.852%
Break-even: never at this rate

Slippage from Bitget: live order book, 11 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 11 min ago	10.59 bp	43.3 bp −$43	406.8 bp −$4,068	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	7.06 bp	47.5 bp −$48	182.1 bp −$1,821	doesn't fit	doesn't fit

CLANKER on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CLANKERUSDT	+0.0100%	4h	14.060	+0.075%	$16K	$30K	5x	as long as short
Binance CLANKERUSDTshort	+0.0100%	4h	14.050	0.000%	$1.9M	$4.7M	25x
Bybit CLANKERUSDT	+0.0100%	4h	14.057	+0.050%	$661K	$854K	20x	as long as short
Gate CLANKER_USDT	+0.0100%	4h	14.050	0.000%	$119K	$145K	25x	as long as short
MEXC CLANKER_USDT	+0.0100%	4h	14.070	+0.142%	$402K	$235K	50x	as long as short
KuCoin CLANKERUSDTM	+0.0100%	4h	14.010	−0.285%	$345K	$142K	25x	as long as short
Bitget CLANKERUSDTlong	+0.0100%	4h	14.050	long leg	$636K	$454K	20x
BingX CLANKER-USDT	+0.0100%	4h	14.050	0.000%	—	$6.8M	—	as long as short
Variational Omni CLANKER	+0.0100%	4h	14.132	+0.583%	$29K	$25K	—	as long as short
BloFin CLANKER-USDT	+0.0151%	4h	14.130	+0.569%	$121K	$17K	25x	as long as short