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

FLUID

all FLUID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.213%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1491.492% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.213%, 7d avg +0.092%
Together, before fees−0.190%−$19 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: Bitget is 0.121% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FLUID-USDT1.40800.0100pay 0.0050% / 4h2h 43m$2.3M
ShortBitget FLUIDUSDT1.41100.0100get 0.0050% / 4h2h 43m$248K$179K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.213% → +0.092%
$12.06
Slippage, 4 orders
−$127.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$137.19
Costs to cover
1.492%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 62 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 ago10.62 bp39.1 bp −$39110.4 bp −$1,104644.4 bp −$64.4K1080.1 bp −$540.0K
Sell Bitget live order book, 62 min ago7.07 bp30.5 bp −$30146.6 bp −$1,466doesn't fitdoesn't fit

FLUID on 9 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
BloFin FLUID-USDT+0.0097%4h1.40800.000%$69K$3K75xas long as short
Binance FLUIDUSDT+0.0100%4h1.40800.000%$1.1M$1.5M75xas long as short
Bybit FLUIDUSDT+0.0100%4h1.4071−0.064%$1.4M$434K25xas long as short
Gate FLUID_USDT+0.0100%4h1.40800.000%$94K$66K20xas long as short
MEXC FLUID_USDT+0.0100%4h1.40800.000%$1.2M$111K100xas long as short
KuCoin FLUIDUSDTM+0.0100%4h1.4100+0.142%$204K$157K50xas long as short
Bitget FLUIDUSDTshort+0.0100%4h1.4110+0.213%$248K$179K75x
BingX FLUID-USDTlong+0.0100%4h1.4080long leg$2.3M
Variational Omni FLUID+0.0100%4h1.4089+0.064%$19K$9Kas long as short