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

DEXE

all DEXE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.045%
Price spread now: Bybit against BingX+0.088%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 7 days−0.088%−$9 · spread now +0.088%, 7d avg +0.051%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Bybit is 0.037% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEXE-USDT1.94000.0100pay 0.0050% / 4h1h 45m$1.8M
ShortBybit DEXEUSDT1.94170.0446get 0.0223% / 4h1h 45m$2.4M$913K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$72.6
Price spread: +0.088% → +0.051%
$3.7
Slippage, 4 orders
−$114.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$59.58
Costs to cover
1.359%
Break-even
12.7 days
Slippage from BingX: live order book, 17 min ago; Bybit: live order book, 1 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, 17 min ago2.56 bp16.8 bp −$1751.6 bp −$516doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.15 bp61.3 bp −$611184.0 bp −$11.8Kdoesn't fitdoesn't fit

DEXE 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
Injective DEXE/USDC PERP+0.0033%1h1.8600−4.124%$3K5.5xas long as short
Aster DEXEUSDT+0.0100%4h1.9410+0.054%$172K$30K5xas long as short
Binance DEXEUSDT+0.0100%4h1.9398−0.012%$7.0M$8.6M20xas long as short
Gate DEXE_USDT+0.0100%4h1.9390−0.052%$472K$797K20xas long as short
MEXC DEXE_USDT+0.0100%4h1.9390−0.052%$1.8M$229K20xas long as short
Bitget DEXEUSDT+0.0100%4h1.9390−0.052%$3.2M$502K10xas long as short
BingX DEXE-USDTlong+0.0100%4h1.9400long leg$1.8M
Variational Omni DEXE+0.0100%4h1.9412+0.060%$35K$388as long as short
Orderly PERP_DEXE_USDC_mythos+0.0100%4h1.9380−0.103%$8K10xas long as short
BloFin DEXE-USDT+0.0340%4h1.9370−0.155%$36K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit DEXEUSDTshort+0.0446%4h1.9417+0.088%$2.4M$913K20x
Kraken Futures PF_DEXEUSD+0.0481%1h1.9385−0.079%$42K$53K20xas long as short