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

GAS

all GAS 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 0.000%
Price spread now: BingX against Bitget−0.072%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.072%, 7d avg +0.001%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GASUSDT1.39200.0100pay 0.0050% / 4h14m 22s$391K$316K50x
ShortBingX GAS-USDT1.39100.0070get 0.0035% / 4h14m 22s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
−$6.3
Price spread: −0.072% → +0.001%
−$7.27
Slippage, 4 orders
−$87.32
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$122.88
Costs to cover
1.093%
Break-even
never at this rate
Slippage from Bitget: live order book, 16 min ago; BingX: live order book, 9 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, 16 min ago3.61 bp26.8 bp −$27140.1 bp −$1,401doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.60 bp24.3 bp −$2465.3 bp −$653426.3 bp −$42.6K496.8 bp −$248.4K

GAS 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
BloFin GAS-USDT+0.0046%4h1.3890−0.216%$75K$24K75xas long as short
BingX GAS-USDTshort+0.0070%4h1.3910−0.072%$2.3M
Hyperliquid GAS+0.0100%1h1.3913−0.050%$105K$59K3xas long as short
Binance GASUSDT+0.0100%4h1.3910−0.072%$1.5M$1.7M50xas long as short
Bybit GASUSDT+0.0100%4h1.3921+0.007%$835K$294K25xas long as short
OKX GAS-USDT-SWAP+0.0100%4h1.3900−0.144%$370K$261K20xas long as short
MEXC GAS_USDT+0.0100%4h1.3910−0.072%$865K$130K50xas long as short
KuCoin GASUSDTM+0.0100%4h1.3895−0.180%$181K$13K30xas long as short
Bitget GASUSDTlong+0.0100%4h1.3920long leg$391K$316K50x
Variational Omni GAS+0.0100%4h1.3913−0.051%$5K$2as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GAS_USDT+0.0994%4h1.3910−0.072%$105K$81K25xas long as short