Funding arb · Price arb /

FOGO

all FOGO markets

Swap Backtest

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: SunX against Gate−0.145%53s7-day average −0.017% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on SunX

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)+0.763%+$76 · spread now −0.145%, 7d avg −0.017%

Together, before fees+0.763%+$76 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: SunX is 0.128% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate FOGO_USDT	0.006900	0.0100	pay 0.0050% / 4h	52m 25s	$110K	$51K	50x
Short	SunX FOGO-USDT	0.006890	0.0100	get 0.0050% / 4h	52m 25s	$1K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee GatebpFee SunXbpOrdersPrice spread, now −0.145%Rate

Funding earned: $0
Price spread: −0.145% → −0.017%: −$12.82
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.82
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 63 min ago; SunX: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 63 min ago	14.43 bp	78.1 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	507.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

FOGO on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter FOGO	+0.0096%	1h	0.006909	+0.130%	$11K	$10K	3x	as long as short
Hyperliquid FOGO	+0.0100%	1h	0.006886	−0.203%	$702K	$297K	3x	as long as short
Aster FOGOUSDT	+0.0100%	4h	0.006910	+0.147%	$12K	$12K	5x	as long as short
Binance FOGOUSDT	+0.0100%	4h	0.006899	−0.018%	$1.8M	$2.1M	50x	as long as short
Bybit FOGOUSDT	+0.0100%	4h	0.006896	−0.058%	$761K	$190K	50x	as long as short
OKX FOGO-USDT-SWAP	+0.0100%	4h	0.006885	−0.217%	$524K	$858K	10x	as long as short
Gate FOGO_USDTlong	+0.0100%	4h	0.006900	long leg	$110K	$51K	50x
MEXC FOGO_USDT	+0.0100%	4h	0.006899	−0.014%	$318K	$122K	50x	as long as short
KuCoin FOGOUSDTM	+0.0100%	4h	0.006900	0.000%	$283K	$94K	50x	as long as short
Bitget FOGOUSDT	+0.0100%	4h	0.006890	−0.145%	$130K	$69K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX FOGO-USDT	+0.0100%	4h	0.006901	+0.014%	—	$1.3M	—	as long as short
Variational Omni FOGO	+0.0100%	4h	0.006901	+0.020%	$97K	$2K	—	as long as short
SunX FOGO-USDTshort	+0.0100%	4h	0.006890	−0.145%	$1K	$1.2M	20x