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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%
Price spread now: Binance against BingX−0.056%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.512%−$151 on $10k
Price spread, last 7 days+0.046%+$5 · spread now −0.056%, 7d avg −0.030%
Together, before fees−1.466%−$147 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 0.026% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX F-USDT0.0036640.0100pay 0.0050% / 4h31m 57s$6.6M
ShortBinance FUSDT0.0036620.0100get 0.0050% / 4h31m 57s$3.9M$6.3M50x

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: −0.056% → −0.030%
−$2.64
Slippage, 4 orders
−$55.4
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$78.04
Costs to cover
0.754%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 7 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, 5 min ago4.11 bp19.7 bp −$2053.4 bp −$534867.3 bp −$86.7Kdoesn't fit
Sell Binance live order book, 7 min ago1.37 bp19.4 bp −$1966.1 bp −$661doesn't fitdoesn't fit

F 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
OKX F-USDT-SWAP−0.0028%4h0.003661−0.082%$701K$2.2M20xas long as short
Aster FUSDT+0.0100%4h0.003662−0.046%$15K$28K5xas long as short
Binance FUSDTshort+0.0100%4h0.003662−0.056%$3.9M$6.3M50x
Bybit FUSDT+0.0100%4h0.003663−0.027%$2.3M$2.3M25xas long as short
Gate F_USDT+0.0100%8h0.003662−0.055%$138K$1.3M25xas long as short
MEXC F_USDT+0.0100%4h0.003662−0.055%$610K$174K50xas long as short
KuCoin FUSDTM+0.0100%4h0.0036640.000%$641K$1.2M30xas long as short
Bitget FUSDT+0.0100%4h0.0036640.000%$460K$756K50xas long as short
BingX F-USDTlong+0.0100%4h0.003664long leg$6.6M
Variational Omni F+0.0100%4h0.003641−0.618%$696$381as long as short