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+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against BloFin0.000%96s7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1511.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.071%+$7 · spread now 0.000%, 7d avg −0.081%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.081% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.081%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FOLKS-USDT2.15600.0176pay 0.0088% / 4h3h 55m$416K$30K50x
ShortBingX FOLKS-USDT2.15600.0206get 0.0103% / 4h3h 55m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$6.34
Price spread: 0.000% → −0.081%
$8.12
Slippage, 4 orders
−$129.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$136.93
Costs to cover
1.514%
Break-even
158.3 days
Slippage from BloFin: live order book, 40 min ago; BingX: live order book, 6 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 BloFin live order book, 40 min ago11.61 bp31.1 bp −$31125.2 bp −$1,252doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.94 bp36.3 bp −$36154.4 bp −$1,544doesn'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%1h2.1577+0.079%$73K$2K3xas long as short
Aster FOLKSUSDT+0.0100%4h2.1470−0.417%$44K$12K5xas long as short
Bybit FOLKSUSDT+0.0100%4h2.1508−0.241%$1.2M$348K20xas long as short
Gate FOLKS_USDT+0.0100%8h2.1430−0.603%$262K$121K50xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1420−0.649%$1.2M$2.8M50xas long as short
Variational Omni FOLKS+0.0100%4h2.1500−0.280%$14K$5Kas long as short
BloFin FOLKS-USDTlong+0.0176%4h2.1560long leg$416K$30K50x
Bitget FOLKSUSDT+0.0178%4h2.1542−0.083%$1.0M$169K50xas long as short
Binance FOLKSUSDT+0.0184%4h2.1553−0.031%$6.3M$1.6M50xas long as short
MEXC FOLKS_USDT+0.0190%4h2.1540−0.093%$980K$187K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDTshort+0.0206%4h2.15600.000%$6.6M