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: BingX against Gate+0.059%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2122.120% 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)−0.031%−$3 · spread now +0.059%, 7d avg +0.066%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FOGO_USDT0.0068300.0100pay 0.0050% / 4h9m 49s$109K$47K50x
ShortBingX FOGO-USDT0.0068340.0100get 0.0050% / 4h9m 49s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: +0.059% → +0.066%
−$0.7
Slippage, 4 orders
−$186.95
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$212.65
Costs to cover
2.120%
Break-even
never at this rate
Slippage from Gate: live order book, 60 min ago; BingX: live order book, 6 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 Gate live order book, 60 min ago7.39 bp49.3 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago5.86 bp28.0 bp −$2889.2 bp −$892927.6 bp −$92.8K1264.7 bp −$632.3K

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%1h0.006848+0.264%$11K$11K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006831+0.015%$711K$306K3xas long as short
Aster FOGOUSDT+0.0100%4h0.006839+0.139%$12K$13K5xas long as short
Binance FOGOUSDT+0.0100%4h0.006840+0.146%$1.8M$2.1M50xas long as short
Bybit FOGOUSDT+0.0100%4h0.006831+0.015%$754K$182K50xas long as short
OKX FOGO-USDT-SWAP+0.0100%4h0.006826−0.059%$514K$807K10xas long as short
Gate FOGO_USDTlong+0.0100%4h0.006830long leg$109K$47K50x
MEXC FOGO_USDT+0.0100%4h0.006839+0.132%$326K$125K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.0068300.000%$282K$93K50xas long as short
Bitget FOGOUSDT+0.0100%4h0.0068300.000%$127K$100K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOGO-USDTshort+0.0100%4h0.006834+0.059%$1.3M
Variational Omni FOGO+0.0100%4h0.006826−0.066%$96K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.0068300.000%$1K$1.2M20xas long as short