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

FOGO

all FOGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.015%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2262.257% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.015%, 7d avg −0.023%
Together, before fees+0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOGO-USDT0.0067290.0100pay 0.0050% / 4h1h 49m$1.3M
ShortBybit FOGOUSDT0.0067280.0100get 0.0050% / 4h1h 49m$748K$176K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.015% → −0.023%
$0.82
Slippage, 4 orders
−$204.73
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$224.91
Costs to cover
2.257%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 30 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, 8 min ago3.71 bp21.7 bp −$2281.9 bp −$819821.1 bp −$82.1K1223.4 bp −$611.7K
Sell Bybit live order book, 30 min ago10.38 bp87.6 bp −$88doesn't fitdoesn'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
OKX FOGO-USDT-SWAP+0.0045%4h0.006720−0.134%$505K$772K10xas long as short
Lighter FOGO+0.0096%1h0.006740+0.163%$11K$11K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006724−0.074%$735K$290K3xas long as short
Aster FOGOUSDT+0.0100%4h0.006733+0.066%$12K$15K5xas long as short
Binance FOGOUSDT+0.0100%4h0.006727−0.033%$1.8M$2.1M50xas long as short
Bybit FOGOUSDTshort+0.0100%4h0.006728−0.015%$748K$176K50x
Gate FOGO_USDT+0.0100%4h0.006720−0.134%$107K$47K50xas long as short
MEXC FOGO_USDT+0.0100%4h0.006727−0.030%$325K$121K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.006720−0.134%$266K$24K50xas long as short
Bitget FOGOUSDT+0.0100%4h0.006730+0.015%$126K$105K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOGO-USDTlong+0.0100%4h0.006729long leg$1.3M
Variational Omni FOGO+0.0100%4h0.006740+0.170%$95K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.006720−0.134%$1K$1.1M20xas long as short