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−0.0005%/8h= −0.5% APRnext payment $0.02 per $10,000 · paid last 24h −0.041%
Price spread now: Bybit against BingX−0.167%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$647as in the Funding arb table
Net, price: spread back to 7d avg − costs−$653as in the Price arb table
costs, in and out, $10k−$6456.452% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.034%−$3 · spread now −0.167%, 7d avg −0.086%
Together, before fees−0.048%−$5 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: Bybit is 0.081% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOLKS-USDT2.16000.0650pay 0.0325% / 4h3m 56s$6.6M
ShortBybit FOLKSUSDT2.15640.0645get 0.0323% / 4h3m 56s$1.2M$347K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$1.05
Price spread: −0.167% → −0.086%
−$8.06
Slippage, 4 orders
−$624.25
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$654.36
Costs to cover
6.452%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bybit: live order book, 2 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, 8 min ago6.93 bp41.4 bp −$41211.4 bp −$2,114doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.48 bp269.3 bp −$2691053.5 bp −$10.5Kdoesn'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%1h2.1638+0.176%$73K$2K3xas long as short
Gate FOLKS_USDT+0.0100%8h2.1550−0.231%$263K$125K50xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1510−0.417%$1.2M$2.8M50xas long as short
Variational Omni FOLKS+0.0100%4h2.1592−0.038%$14K$5Kas long as short
Aster FOLKSUSDT+0.0103%4h2.1534−0.304%$44K$12K5xas long as short
MEXC FOLKS_USDT+0.0212%4h2.1590−0.046%$983K$190K100xas long as short
Bitget FOLKSUSDT+0.0212%4h2.1606+0.028%$1.0M$169K50xas long as short
Binance FOLKSUSDT+0.0218%4h2.1600−0.001%$6.4M$1.6M50xas long as short
BloFin FOLKS-USDT+0.0261%4h2.1620+0.093%$415K$30K50xas long as short
Bybit FOLKSUSDTshort+0.0645%4h2.1564−0.167%$1.2M$347K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDTlong+0.0650%4h2.1600long leg$6.6M