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

EDGEX

all EDGEX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.006%
Price spread now: Coinbase International against BingX+0.066%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Coinbase International is 0.066% dearer against BingX than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EDGEX-USDT0.58510.0438pay 0.0219% / 4h1h 31m$1.8M
ShortCoinbase International EDGEX-PERP-INTX0.58550.0408get 0.0051% / 1h31m 56s$9K$10K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$6.3
Price spread: +0.066% → 0.000%
$6.61
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$19.69
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Coinbase International: no order-book sample. Net counts fees only.

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, 8 min ago4.24 bp23.8 bp −$2482.4 bp −$824doesn't fitdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGEX on 4 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate EDGEX_USDT+0.0100%4h0.5846−0.085%$579K$182K50xas long as short
Coinbase International EDGEX-PERP-INTXshort+0.0408%1h0.5855+0.066%$9K$10K50x
BingX EDGEX-USDTlong+0.0438%4h0.5851long leg$1.8M
Deribit EDGEX_USDC-PERPETUAL+0.0749%1h0.5852+0.025%$9910xas long as short