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

DEEP

all DEEP 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 −0.010%
Price spread now: Binance against BingX−0.051%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1131.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days+0.183%+$18 · spread now −0.051%, 7d avg +0.097%
Together, before fees+0.143%+$14 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 0.148% cheaper against BingX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.019740.0100pay 0.0050% / 4h3h 34m$6.6M
ShortBinance DEEPUSDT0.019730.0100get 0.0050% / 4h3h 34m$2.1M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.051% → +0.097%
−$14.78
Slippage, 4 orders
−$92.67
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$127.45
Costs to cover
1.127%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 4 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, 3 min ago10.13 bp29.7 bp −$3082.0 bp −$820642.2 bp −$64.2Kdoesn't fit
Sell Binance live order book, 4 min ago5.05 bp25.0 bp −$25110.8 bp −$1,108doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.7976%1h0.01954−1.013%$80K$11K20xas long as short
Binance DEEPUSDTshort+0.0100%4h0.01973−0.051%$2.1M$6.1M50x
Bybit DEEPUSDT+0.0100%8h0.01966−0.405%$4.2M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01972−0.101%$305K$88K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01972−0.101%$1.1M$463K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01979+0.253%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01971−0.152%$820K$575K50xas long as short
BingX DEEP-USDTlong+0.0100%4h0.01974long leg$6.6M
Variational Omni DEEP+0.0100%8h0.01969−0.271%$13K$9Kas long as short
BloFin DEEP-USDT+0.0102%8h0.01967−0.355%$137K$33K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01971−0.131%$4K$199K5xas long as short
Kraken Futures PF_DEEPUSD+0.2218%1h0.01973−0.060%$7K$9K10xas long as short