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

CLANKER

all CLANKER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.051%
Price spread now: Gate against BloFin−0.292%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$802as in the Price arb table
costs, in and out, $10k−$7857.845% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.292%, 7d avg −0.119%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.173% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CLANKER-USDT13.6900.0110pay 0.0055% / 4h2h 38m$118K$21K25x
ShortGate CLANKER_USDT13.6500.0100get 0.0050% / 4h2h 38m$120K$158K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$2.18
Price spread: −0.292% → −0.119%
−$17.31
Slippage, 4 orders
−$757.5
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$804
Costs to cover
7.845%
Break-even
never at this rate
Slippage from BloFin: live order book, 40 min ago; Gate: 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 BloFin live order book, 40 min ago3.65 bp41.4 bp −$41182.4 bp −$1,824doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago18.32 bp286.7 bp −$287doesn't fitdoesn'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
Binance CLANKERUSDT+0.0100%4h13.671−0.138%$1.8M$5.3M25xas long as short
Bybit CLANKERUSDT+0.0100%4h13.718+0.205%$645K$1.0M20xas long as short
Gate CLANKER_USDTshort+0.0100%4h13.650−0.292%$120K$158K25x
MEXC CLANKER_USDT+0.0100%4h13.660−0.219%$374K$248K50xas long as short
KuCoin CLANKERUSDTM+0.0100%4h13.580−0.804%$328K$158K25xas long as short
Bitget CLANKERUSDT+0.0100%4h13.720+0.219%$627K$519K20xas long as short
BingX CLANKER-USDT+0.0100%4h13.720+0.219%$6.8Mas long as short
Variational Omni CLANKER+0.0100%4h13.704+0.105%$27K$25Kas long as short
BloFin CLANKER-USDTlong+0.0110%4h13.690long leg$118K$21K25x
Aster CLANKERUSDT+0.0292%4h13.673−0.124%$17K$32K5xas long as short