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

FORM

all FORM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0419%/8h= −45.9% APRpaid last 24h −0.061%
Price spread now: gTrade (Gains Network) against BingX+0.220%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.220% dearer against BingX than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FORM-USDT0.32470.0412pay 0.0206% / 4h52m 41s$3.8M
ShortgTrade (Gains Network) FORM/USD0.3254L −0.0007% / S +0.0008%pay 0.0001% / 1h52m 41s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$88.08
Price spread: +0.220% → 0.000%
$22.02
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$86.06
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: BingX: live order book, 12 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 12 min ago5.94 bp35.7 bp −$36107.4 bp −$1,074695.9 bp −$69.6K1203.4 bp −$601.7K
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FORM on 10 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
gTrade (Gains Network) FORM/USDshortL −0.0007% / S +0.0008%1h0.3254+0.220%
BloFin FORM-USDT+0.0076%4h0.3253+0.185%$980K$381K50xas long as short
Aster FORMUSDT+0.0100%4h0.3246−0.030%$41K$952K5xas long as short
Binance FORMUSDT+0.0100%4h0.3247+0.006%$17.0M$161.0M50xas long as short
Gate FORM_USDT+0.0100%4h0.3248+0.031%$699K$4.8M50xas long as short
MEXC FORM_USDT+0.0100%4h0.3245−0.062%$1.6M$9.3M100xas long as short
Bitget FORMUSDT+0.0100%4h0.3244−0.092%$1.1M$9.7M50xas long as short
KuCoin FORMUSDTM+0.0256%4h0.3249+0.062%$341K$1.4M30xas long as short
BingX FORM-USDTlong+0.0412%4h0.3247long leg$3.8M
Bybit FORMUSDT+0.0434%4h0.3245−0.052%$2.1M$13.4M20xas long as short