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 +0.018%
Price spread now: Bybit against OKX+0.058%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2312.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.058%, 7d avg +0.062%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX FOGO-USDT-SWAP0.0069340.0100pay 0.0050% / 4h3h 15m$525K$834K10x
ShortBybit FOGOUSDT0.0069380.0100get 0.0050% / 4h3h 15m$764K$188K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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% → +0.062%
−$0.42
Slippage, 4 orders
−$210.28
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$231.7
Costs to cover
2.313%
Break-even
never at this rate
Slippage from OKX: live order book, 56 min ago; Bybit: live order book, 54 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 OKX live order book, 56 min ago2.93 bp33.3 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 54 min ago4.39 bp76.4 bp −$76doesn'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%1h0.006947+0.187%$11K$11K3xas long as short
Hyperliquid FOGO+0.0100%1h0.006938+0.058%$717K$318K3xas long as short
Aster FOGOUSDT+0.0100%4h0.006933−0.015%$13K$13K5xas long as short
Binance FOGOUSDT+0.0100%4h0.006943+0.130%$1.9M$2.1M50xas long as short
Bybit FOGOUSDTshort+0.0100%4h0.006938+0.058%$764K$188K50x
OKX FOGO-USDT-SWAPlong+0.0100%4h0.006934long leg$525K$834K10x
Gate FOGO_USDT+0.0100%4h0.006920−0.202%$110K$48K50xas long as short
MEXC FOGO_USDT+0.0100%4h0.006942+0.115%$321K$125K50xas long as short
KuCoin FOGOUSDTM+0.0100%4h0.006930−0.058%$286K$94K50xas long as short
Bitget FOGOUSDT+0.0100%4h0.006940+0.087%$132K$99K25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOGO-USDT+0.0100%4h0.006925−0.130%$1.3Mas long as short
Variational Omni FOGO+0.0100%4h0.006924−0.145%$97K$2Kas long as short
SunX FOGO-USDT+0.0100%4h0.006930−0.058%$2K$1.2M20xas long as short