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

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.9% APRnext payment $0.18 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.146%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.034%−$3 · spread now −0.146%, 7d avg −0.154%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.154%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GENIUSUSDT0.36150.0135pay 0.0068% / 4h3h 44m$8.8M$16.4M50x
ShortBitget GENIUSUSDT0.36100.0100get 0.0050% / 4h3h 44m$762K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$7.46
Price spread: −0.146% → −0.154%
$0.79
Slippage, 4 orders
−$84.7
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$113.36
Costs to cover
1.067%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 2 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 Binance live order book, 11 min ago1.40 bp24.2 bp −$24156.7 bp −$1,567doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago8.32 bp32.8 bp −$33109.8 bp −$1,098doesn't fitdoesn't fit

GENIUS on 12 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
Bybit GENIUSUSDT+0.0100%4h0.3615−0.014%$1.6M$2.3M25xas long as short
Gate GENIUS_USDT+0.0100%4h0.3603−0.346%$250K$446K20xas long as short
KuCoin GENIUSUSDTM+0.0100%4h0.3609−0.182%$561K$1.8M20xas long as short
Bitget GENIUSUSDTshort+0.0100%4h0.3610−0.146%$762K$1.1M20x
BingX GENIUS-USDT+0.0100%4h0.3616+0.014%$1.7Mas long as short
Variational Omni GENIUS+0.0100%4h0.3607−0.237%$95K$106Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3611−0.124%$1K$531K20xas long as short
MEXC GENIUS_USDT+0.0118%4h0.3611−0.124%$472K$313K20xas long as short
BloFin GENIUS-USDT+0.0133%4h0.3607−0.235%$474K$23K50xas long as short
Binance GENIUSUSDTlong+0.0135%4h0.3615long leg$8.8M$16.4M50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GENIUS-USD+0.0136%1h0.3611−0.123%$3K$184K5xas long as short
Aster GENIUSUSDT+0.0489%4h0.3616+0.014%$260K$509K20xas long as short