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

FF

all FF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against KuCoin−0.204%7-day average −0.219% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.306%−$31 on $10k
Price spread, last 7 days−0.007%−$1 · spread now −0.204%, 7d avg −0.219%
Together, before fees−0.313%−$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FFUSDTM0.12760.0100pay 0.0050% / 4h6m 40s$8.5M$5.6M20x
ShortBingX FF-USDT0.12730.0100get 0.0050% / 4h6m 40s$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.204% → −0.219%
$1.52
Slippage, 4 orders
−$94.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$115.23
Costs to cover
1.167%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 6 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 KuCoin live order book, 1 min ago1.57 bp58.7 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago1.57 bp14.2 bp −$1432.0 bp −$320346.6 bp −$34.7Kdoesn't fit

FF on 11 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
Binance FFUSDT−0.0239%4h0.1273−0.234%$43.1M$25.3M20xas long as short
MEXC FF_USDT−0.0236%4h0.1273−0.251%$10.1M$1.9M50xas long as short
BloFin FF-USDT−0.0197%4h0.1273−0.235%$2.3M$313K20xas long as short
Bybit FFUSDT−0.0072%4h0.1273−0.212%$14.3M$6.9M20xas long as short
Aster FFUSDT+0.0100%4h0.1275−0.119%$1.2M$23K5xas long as short
Gate FF_USDT+0.0100%4h0.1275−0.094%$26.8M$2.1M50xas long as short
KuCoin FFUSDTMlong+0.0100%4h0.1276long leg$8.5M$5.6M20x
Bitget FFUSDT+0.0100%4h0.1274−0.149%$18.5M$1.6M5xas long as short
BingX FF-USDTshort+0.0100%4h0.1273−0.204%$6.8M
SunX FF-USDT+0.0100%4h0.1272−0.345%$2K$1.7M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0368%1h0.1277+0.063%$135K$42K3xas long as short