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 Bybit+0.312%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$2022.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.312%, 7d avg +0.102%
Together, before fees−0.051%−$5 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 0.211% dearer against Bybit than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FLUIDUSDT1.40860.0100pay 0.0050% / 4h2h 44m$1.4M$434K25x
ShortBitget FLUIDUSDT1.41300.0100get 0.0050% / 4h2h 44m$249K$178K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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: +0.312% → +0.102%
$21.06
Slippage, 4 orders
−$179
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$180.94
Costs to cover
2.020%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 61 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 Bybit live order book, 2 min ago4.61 bp67.9 bp −$682257.4 bp −$22.6Kdoesn't fitdoesn't fit
Sell Bitget live order book, 61 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
Binance FLUIDUSDT+0.0100%4h1.4100+0.099%$1.1M$1.5M75xas long as short
Bybit FLUIDUSDTlong+0.0100%4h1.4086long leg$1.4M$434K25x
Gate FLUID_USDT+0.0100%4h1.4090+0.028%$94K$66K20xas long as short
MEXC FLUID_USDT+0.0100%4h1.4090+0.028%$1.2M$111K100xas long as short
KuCoin FLUIDUSDTM+0.0100%4h1.4110+0.170%$205K$157K50xas long as short
Bitget FLUIDUSDTshort+0.0100%4h1.4130+0.312%$249K$178K75x
BingX FLUID-USDT+0.0100%4h1.4090+0.028%$2.3Mas long as short
Variational Omni FLUID+0.0100%4h1.4089+0.022%$19K$9Kas long as short
BloFin FLUID-USDT+0.0153%4h1.4140+0.383%$69K$3K75xas long as short