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: MEXC against BingX0.000%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 7 days+0.115%+$11 · spread now 0.000%, 7d avg +0.036%
Together, before fees−0.172%−$17 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: MEXC is 0.036% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FLUID-USDT1.40300.0100pay 0.0050% / 4h2h 21m$2.3M
ShortMEXC FLUID_USDT1.40300.0100get 0.0050% / 4h2h 21m$1.1M$113K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → +0.036%
−$3.62
Slippage, 4 orders
−$80.18
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$97.79
Costs to cover
0.942%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; MEXC: live order book, 4 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, 12 min ago7.14 bp40.8 bp −$41131.0 bp −$1,310695.2 bp −$69.5K1153.3 bp −$576.6K
Sell MEXC live order book, 4 min ago3.57 bp5.6 bp −$653.8 bp −$538408.4 bp −$40.8Kdoesn'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
Binance FLUIDUSDT+0.0100%4h1.40300.000%$1.1M$1.5M75xas long as short
Bybit FLUIDUSDT+0.0100%4h1.4020−0.071%$1.4M$438K25xas long as short
Gate FLUID_USDT+0.0100%4h1.4020−0.071%$94K$66K20xas long as short
MEXC FLUID_USDTshort+0.0100%4h1.40300.000%$1.1M$113K100x
KuCoin FLUIDUSDTM+0.0100%4h1.40300.000%$203K$157K50xas long as short
Bitget FLUIDUSDT+0.0100%4h1.4020−0.071%$247K$180K75xas long as short
BingX FLUID-USDTlong+0.0100%4h1.4030long leg$2.3M
Variational Omni FLUID+0.0100%4h1.3968−0.444%$19K$9Kas long as short
BloFin FLUID-USDT+0.0117%4h1.4020−0.071%$69K$3K75xas long as short