Settings8H · net · $10k
Funding arb · Price arb /

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −13.0% APRpaid last 24h −0.071%
Price spread now: Gate against Binance−0.298%7-day average −0.276% · you buy dearer than you sell
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$601as in the Price arb table
costs, in and out, $10k−$5995.988% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.274%−$27 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.298%, 7d avg −0.276%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.022% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.276%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FOLKSUSDT2.16140.0218pay 0.0109% / 4h3m 37s$6.4M$1.6M50x
ShortGate FOLKS_USDT2.15500.0100get 0.0100% / 8h4h 03m$263K$125K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$24.88
Price spread: −0.298% → −0.276%
−$2.16
Slippage, 4 orders
−$573.8
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$625.84
Costs to cover
5.988%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 48 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 Binance live order book, 5 min ago4.61 bp45.5 bp −$46410.5 bp −$4,105doesn't fitdoesn't fit
Sell Gate live order book, 48 min ago4.63 bp318.4 bp −$318doesn't fitdoesn't fitdoesn't fit

FOLKS on 11 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 FOLKS+0.0096%1h2.1639+0.114%$73K$2K3xas long as short
Aster FOLKSUSDT+0.0100%4h2.1533−0.379%$44K$12K5xas long as short
Gate FOLKS_USDTshort+0.0100%8h2.1550−0.298%$263K$125K50x
KuCoin FOLKSUSDTM+0.0100%4h2.1500−0.529%$1.2M$2.8M50xas long as short
Variational Omni FOLKS+0.0100%4h2.1592−0.105%$14K$5Kas long as short
Bitget FOLKSUSDT+0.0208%4h2.1612−0.011%$1.0M$169K50xas long as short
MEXC FOLKS_USDT+0.0218%4h2.1600−0.066%$983K$190K100xas long as short
Binance FOLKSUSDTlong+0.0218%4h2.1614long leg$6.4M$1.6M50x
BloFin FOLKS-USDT+0.0261%4h2.1620+0.026%$415K$30K50xas long as short
Bybit FOLKSUSDT+0.0632%4h2.1569−0.210%$1.2M$348K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDT+0.0650%4h2.1600−0.066%$6.5Mas long as short