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

CLANKER

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.1% APRnext payment $0.14 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against Bybit+0.108%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2062.058% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.108%, 7d avg +0.063%
Together, before fees+0.090%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.045% dearer against Bybit than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of +0.063%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.173%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CLANKERUSDT13.8350.0100pay 0.0050% / 4h1h 58m$653K$1.0M20x
ShortBloFin CLANKER-USDT13.8500.0071get 0.0036% / 4h1h 58m$119K$21K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$5.99
Price spread: +0.108% → +0.063%
$4.5
Slippage, 4 orders
−$182.83
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$207.32
Costs to cover
2.058%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 13 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 Bybit live order book, 2 min ago11.21 bp62.4 bp −$623214.2 bp −$32.1Kdoesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago3.59 bp38.4 bp −$38141.9 bp −$1,419doesn'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+0.0071%4h13.850+0.108%$119K$21K25x
Binance CLANKERUSDT+0.0100%4h13.844+0.067%$1.8M$5.3M25xas long as short
Bybit CLANKERUSDTlong+0.0100%4h13.835long leg$653K$1.0M20x
Gate CLANKER_USDT+0.0100%4h13.840+0.036%$121K$157K25xas long as short
MEXC CLANKER_USDT+0.0100%4h13.840+0.036%$374K$242K50xas long as short
KuCoin CLANKERUSDTM+0.0100%4h13.810−0.181%$333K$153K25xas long as short
Bitget CLANKERUSDT+0.0100%4h13.830−0.036%$633K$521K20xas long as short
BingX CLANKER-USDT+0.0100%4h13.840+0.036%$6.8Mas long as short
Variational Omni CLANKER+0.0100%4h13.837+0.014%$27K$25Kas long as short
Aster CLANKERUSDT+0.0326%4h13.840+0.035%$17K$32K5xas long as short