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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.200%
Price spread now: BingX against Gate−0.080%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs+$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$850.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.499%+$150 on $10k
Price spread, last 7 days−0.014%−$1 · spread now −0.080%, 7d avg +0.012%
Together, before fees+1.485%+$149 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: BingX is 0.092% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate F_USDT0.0037320.0100pay 0.0100% / 8h37m 40s$218K$1.4M25x
ShortBingX F-USDT0.0037290.0100get 0.0050% / 4h37m 40s$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: −0.080% → +0.012%
−$9.23
Slippage, 4 orders
−$60.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$94.49
Costs to cover
0.853%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 14 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 Gate live order book, 5 min ago1.34 bp21.0 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago2.67 bp21.4 bp −$2154.2 bp −$542681.5 bp −$68.1K1169.5 bp −$584.8K

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
Aster FUSDT+0.0100%4h0.003728−0.096%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.003728−0.107%$4.0M$7.3M50xas long as short
Bybit FUSDT+0.0100%4h0.003729−0.080%$2.4M$2.5M25xas long as short
OKX F-USDT-SWAP+0.0100%4h0.003725−0.188%$752K$2.2M20xas long as short
Gate F_USDTlong+0.0100%8h0.003732long leg$218K$1.4M25x
MEXC F_USDT+0.0100%4h0.003731−0.027%$639K$178K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003731−0.027%$783K$1.2M30xas long as short
Bitget FUSDT+0.0100%4h0.003729−0.080%$494K$963K50xas long as short
BingX F-USDTshort+0.0100%4h0.003729−0.080%$6.6M
Variational Omni F+0.0100%4h0.003734+0.041%$704$379as long as short