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+0.0019%/8h= +2.1% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit−0.233%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$937as in the Funding arb table
Net, price: spread back to 7d avg − costs−$920as in the Price arb table
costs, in and out, $10k−$9049.044% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.327%−$33 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.233%, 7d avg −0.076%
Together, before fees−0.457%−$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.156% cheaper against Bybit than usual: you would sell low and buy high (spread −0.233% now, against its 7-day average of −0.076%). If the spread goes back, that is −$16 on $10k: about 27 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.327%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FOLKSUSDT2.15000.0127pay 0.0063% / 4h1h 42m$1.2M$315K20x
ShortGate FOLKS_USDT2.14500.0146get 0.0146% / 8h5h 42m$249K$113K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$4.08
Price spread: −0.233% → −0.076%
−$15.62
Slippage, 4 orders
−$878.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$915.91
Costs to cover
9.044%
Break-even
1579.1 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 14 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 Bybit live order book, 3 min ago3.72 bp289.3 bp −$2897579.9 bp −$75.8Kdoesn't fitdoesn't fit
Sell Gate live order book, 14 min ago2.32 bp150.5 bp −$150doesn'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%1h2.1554+0.251%$73K$2K3xas long as short
Aster FOLKSUSDT+0.0100%4h2.1523+0.109%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1530+0.140%$6.3M$1.5M50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1530+0.140%$937K$177K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1430−0.326%$1.2M$2.3M50xas long as short
Bitget FOLKSUSDT+0.0100%4h2.1533+0.153%$1.0M$160K50xas long as short
Variational Omni FOLKS+0.0100%4h2.1514+0.066%$14K$5Kas long as short
BingX FOLKS-USDT+0.0114%4h2.1520+0.093%$6.5Mas long as short
BloFin FOLKS-USDT+0.0123%4h2.1530+0.140%$418K$29K50xas long as short
Bybit FOLKSUSDTlong+0.0127%4h2.1500long leg$1.2M$315K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate FOLKS_USDTshort+0.0146%8h2.1450−0.233%$249K$113K50x