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: BingX against Bybit−0.173%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2202.197% 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)+0.111%+$11 · spread now −0.173%, 7d avg +0.021%
Together, before fees+0.135%+$14 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: BingX is 0.194% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FOGOUSDT0.0069370.0100pay 0.0050% / 4h3h 15m$764K$188K50x
ShortBingX FOGO-USDT0.0069250.0100get 0.0050% / 4h3h 15m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.173% → +0.021%
−$19.38
Slippage, 4 orders
−$198.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$239.12
Costs to cover
2.197%
Break-even
never at this rate
Slippage from Bybit: live order book, 54 min ago; BingX: live order book, 12 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, 54 min ago4.39 bp84.7 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago5.05 bp28.4 bp −$2888.1 bp −$881897.0 bp −$89.7K1325.5 bp −$662.7K

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%1h0.006947+0.144%$11K$11K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006930−0.101%$716K$318K3xas long as short
Aster FOGOUSDT+0.0100%4h0.006921−0.224%$13K$13K5xas long as short
Binance FOGOUSDT+0.0100%4h0.006938+0.014%$1.9M$2.1M50xas long as short
Bybit FOGOUSDTlong+0.0100%4h0.006937long leg$764K$188K50x
OKX FOGO-USDT-SWAP+0.0100%4h0.006934−0.043%$524K$834K10xas long as short
Gate FOGO_USDT+0.0100%4h0.006920−0.245%$110K$48K50xas long as short
MEXC FOGO_USDT+0.0100%4h0.006938+0.014%$321K$125K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.006920−0.245%$285K$94K50xas long as short
Bitget FOGOUSDT+0.0100%4h0.006940+0.043%$132K$99K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOGO-USDTshort+0.0100%4h0.006925−0.173%$1.3M
Variational Omni FOGO+0.0100%4h0.006924−0.188%$97K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.006930−0.101%$1K$1.2M20xas long as short