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

FHE

all FHE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.087%
Price spread now: Extended against BingX+0.129%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$3103.095% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.128%−$13 on $10k
Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.129%, 7d avg +0.059%
Together, before fees−0.255%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.070% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.128%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FHE-USDT0.022340.0550pay 0.0275% / 4h2h 54m$6.5M
ShortExtended FHE-USD0.022370.0568get 0.0071% / 1h54m 47s$694$103K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$3.78
Price spread: +0.129% → +0.059%
$7.01
Slippage, 4 orders
−$294.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$298.75
Costs to cover
3.095%
Break-even
560.2 days
Slippage from BingX: live order book, 10 min ago; Extended: live order book, 11 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, 10 min ago6.65 bp36.5 bp −$37306.5 bp −$3,065997.3 bp −$99.7Kdoesn't fit
Sell Extended live order book, 11 min ago7.75 bp110.1 bp −$110doesn't fitdoesn't fitdoesn't fit

FHE on 8 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
Bybit FHEUSDT+0.0100%4h0.02231−0.134%$1.6M$479K13xas long as short
Gate FHE_USDT+0.0100%8h0.02230−0.179%$617K$76K10xas long as short
Aster FHEUSDT+0.0369%4h0.02235+0.024%$16K$2K5xas long as short
BingX FHE-USDTlong+0.0550%4h0.02234long leg$6.5M
Binance FHEUSDT+0.0561%4h0.02237+0.152%$2.9M$1.4M10xas long as short
Extended FHE-USDshort+0.0568%1h0.02237+0.129%$694$103K5x
MEXC FHE_USDT+0.0570%4h0.02237+0.134%$850K$294K50xas long as short
KuCoin FHEUSDTM+0.1254%4h0.02235+0.045%$656K$9.9M10xas long as short