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

FORM

all FORM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Gate against BingX0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.186%+$19 · spread now 0.000%, 7d avg +0.007%
Together, before fees+0.138%+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FORM-USDT0.31450.0100pay 0.0050% / 4h5m 16s$3.9M
ShortGate FORM_USDT0.31450.0100get 0.0050% / 4h5m 16s$699K$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: 0.000% → +0.007%
−$0.69
Slippage, 4 orders
−$89.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$114.74
Costs to cover
1.140%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 3 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, 5 min ago7.89 bp24.8 bp −$2578.8 bp −$788515.6 bp −$51.6K1036.1 bp −$518.0K
Sell Gate live order book, 3 min ago7.90 bp35.0 bp −$35163.5 bp −$1,635doesn't fitdoesn't fit

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/USDL −0.0007% / S +0.0008%1h0.3144−0.043%as long as short
BloFin FORM-USDT+0.0056%4h0.3150+0.159%$903K$386K50xas long as short
Aster FORMUSDT+0.0100%4h0.31450.000%$39K$995K5xas long as short
Binance FORMUSDT+0.0100%4h0.3149+0.122%$15.7M$167.3M50xas long as short
Bybit FORMUSDT+0.0100%4h0.3148+0.095%$2.0M$14.0M20xas long as short
Gate FORM_USDTshort+0.0100%4h0.31450.000%$699K$5.1M50x
MEXC FORM_USDT+0.0100%4h0.3147+0.064%$1.2M$9.5M100xas long as short
KuCoin FORMUSDTM+0.0100%4h0.3142−0.095%$222K$1.5M30xas long as short
Bitget FORMUSDT+0.0100%4h0.3148+0.095%$993K$10.2M50xas long as short
BingX FORM-USDTlong+0.0100%4h0.3145long leg$3.9M