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+0.0110%/8h= +12.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.021%
Price spread now: Bybit against Bitget+0.308%7-day average −0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costs−$548as in the Price arb table
costs, in and out, $10k−$5915.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.338%+$34 on $10k
Price spread, last 7 days−0.448%−$45 · spread now +0.308%, 7d avg −0.124%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.432% dearer against Bitget than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.124%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FOLKSUSDT2.14250.0100pay 0.0050% / 4h14m 31s$1.0M$187K50x
ShortBybit FOLKSUSDT2.14910.0210get 0.0105% / 4h14m 31s$1.2M$380K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
$23.15
Price spread: +0.308% → −0.124%
$43.17
Slippage, 4 orders
−$568.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$525.12
Costs to cover
5.914%
Break-even
165.8 days
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 Bitget live order book, 1 min ago10.50 bp43.4 bp −$43389.5 bp −$3,895doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago4.43 bp258.5 bp −$258927.8 bp −$9,278doesn'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%1h2.1527+0.476%$73K$2K3xas long as short
KuCoin FOLKSUSDTM+0.0098%4h2.1400−0.117%$1.2M$3.6M50xas long as short
Aster FOLKSUSDT+0.0100%4h2.1440+0.070%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1510+0.397%$6.3M$1.6M50xas long as short
Gate FOLKS_USDT+0.0100%8h2.1410−0.070%$263K$115K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1500+0.350%$992K$189K100xas long as short
Bitget FOLKSUSDTlong+0.0100%4h2.1425long leg$1.0M$187K50x
Variational Omni FOLKS+0.0100%4h2.1443+0.083%$14K$685as long as short
BloFin FOLKS-USDT+0.0140%4h2.1460+0.163%$408K$30K50xas long as short
BingX FOLKS-USDT+0.0166%4h2.1490+0.303%$6.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FOLKSUSDTshort+0.0210%4h2.1491+0.308%$1.2M$380K20x