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

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.22 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against BingX0.000%81s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1541.536% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.082%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.082%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOLKS-USDT2.15500.0176pay 0.0088% / 4h3h 59m$6.5M
ShortBloFin FOLKS-USDT2.15500.0132get 0.0066% / 4h3h 59m$406K$30K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
−$9.25
Price spread: 0.000% → +0.082%
−$8.17
Slippage, 4 orders
−$131.58
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$171
Costs to cover
1.536%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 16 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 BingX live order book, 7 min ago9.29 bp39.2 bp −$39131.9 bp −$1,319doesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago4.66 bp40.1 bp −$40141.0 bp −$1,410doesn'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%1h2.1568+0.084%$73K$2K3xas long as short
Aster FOLKSUSDT+0.0100%4h2.1463−0.404%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.15500.000%$6.3M$1.6M50xas long as short
Gate FOLKS_USDT+0.0100%8h2.1460−0.418%$263K$116K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1560+0.046%$995K$190K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1460−0.418%$1.2M$3.6M50xas long as short
Bitget FOLKSUSDT+0.0100%4h2.1508−0.195%$1.0M$188K50xas long as short
Variational Omni FOLKS+0.0100%4h2.1547−0.013%$14K$685as long as short
BloFin FOLKS-USDTshort+0.0132%4h2.15500.000%$406K$30K50x
BingX FOLKS-USDTlong+0.0176%4h2.1550long leg$6.5M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FOLKSUSDT+0.0179%4h2.1547−0.014%$1.2M$381K20xas long as short