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

FOGO

all FOGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.158%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1851.848% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now −0.158%, 7d avg +0.063%
Together, before fees+0.277%+$28 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 0.222% cheaper against BingX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOGO-USDT0.0069410.0100pay 0.0050% / 4h2h 32m$1.3M
ShortBitget FOGOUSDT0.0069300.0100get 0.0050% / 4h2h 32m$131K$91K25x

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: −0.158% → +0.063%
−$22.18
Slippage, 4 orders
−$162.83
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$207.01
Costs to cover
1.848%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 27 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, 3 min ago7.93 bp39.9 bp −$40148.1 bp −$1,4811149.4 bp −$114.9K1403.6 bp −$701.8K
Sell Bitget live order book, 27 min ago14.51 bp52.4 bp −$52337.0 bp −$3,370doesn't fitdoesn't fit

FOGO on 13 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
Lighter FOGO+0.0096%1h0.006953+0.173%$11K$9K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006938−0.043%$710K$306K3xas long as short
Aster FOGOUSDT+0.0100%4h0.006933−0.112%$13K$13K5xas long as short
Binance FOGOUSDT+0.0100%4h0.006939−0.035%$1.9M$2.1M50xas long as short
Bybit FOGOUSDT+0.0100%4h0.006932−0.130%$764K$182K50xas long as short
OKX FOGO-USDT-SWAP+0.0100%4h0.006938−0.043%$523K$848K10xas long as short
Gate FOGO_USDT+0.0100%4h0.006930−0.158%$110K$46K50xas long as short
MEXC FOGO_USDT+0.0100%4h0.006933−0.115%$321K$123K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.006940−0.014%$286K$93K50xas long as short
Bitget FOGOUSDTshort+0.0100%4h0.006930−0.158%$131K$91K25x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOGO-USDTlong+0.0100%4h0.006941long leg$1.3M
Variational Omni FOGO+0.0100%4h0.006941−0.001%$97K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.006920−0.303%$2K$1.2M20xas long as short