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 −0.018%
Price spread now: OKX against BingX+0.058%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.058%, 7d avg −0.084%
Together, before fees−0.189%−$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: OKX is 0.142% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.084%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOGO-USDT0.0068860.0100pay 0.0050% / 4h53m 28s$1.2M
ShortOKX FOGO-USDT-SWAP0.0068900.0100get 0.0050% / 4h53m 28s$515K$804K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.058% → −0.084%
$14.16
Slippage, 4 orders
−$115.79
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$121.63
Costs to cover
1.358%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: live order book, 23 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, 2 min ago10.21 bp29.9 bp −$3089.9 bp −$899650.0 bp −$65.0K1076.0 bp −$538.0K
Sell OKX live order book, 23 min ago2.96 bp36.0 bp −$36doesn'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
Lighter FOGO+0.0096%1h0.006884−0.029%$11K$11K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006890+0.058%$719K$306K3xas long as short
Binance FOGOUSDT+0.0100%4h0.006884−0.031%$1.9M$2.0M50xas long as short
Bybit FOGOUSDT+0.0100%4h0.006869−0.247%$758K$182K50xas long as short
OKX FOGO-USDT-SWAPshort+0.0100%4h0.006890+0.058%$515K$804K10x
Gate FOGO_USDT+0.0100%4h0.006880−0.087%$109K$47K50xas long as short
MEXC FOGO_USDT+0.0100%4h0.0068860.000%$331K$121K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.006880−0.087%$286K$93K50xas long as short
Bitget FOGOUSDT+0.0100%4h0.006870−0.232%$128K$101K25xas long as short
BingX FOGO-USDTlong+0.0100%4h0.006886long leg$1.2M
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni FOGO+0.0100%4h0.006867−0.275%$96K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.006860−0.378%$1K$1.2M20xas long as short
Aster FOGOUSDT+0.0175%4h0.006872−0.209%$12K$13K5xas long as short