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

GENIUS

all GENIUS 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 0.000%
Price spread now: Bybit against BingX−0.055%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1911.912% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days+0.061%+$6 · spread now −0.055%, 7d avg −0.056%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GENIUS-USDT0.36080.0100pay 0.0050% / 4h3h 46m$1.7M
ShortBybit GENIUSUSDT0.36060.0100get 0.0050% / 4h3h 46m$1.6M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.055% → −0.056%
$0.07
Slippage, 4 orders
−$170.22
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$191.15
Costs to cover
1.912%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago5.57 bp25.4 bp −$2593.7 bp −$937doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.78 bp75.2 bp −$75256.3 bp −$2,563doesn'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
BloFin GENIUS-USDT+0.0078%4h0.3607−0.028%$476K$23K50xas long as short
Bybit GENIUSUSDTshort+0.0100%4h0.3606−0.055%$1.6M$2.3M25x
Gate GENIUS_USDT+0.0100%4h0.3601−0.194%$250K$445K20xas long as short
KuCoin GENIUSUSDTM+0.0100%4h0.3605−0.086%$561K$1.8M20xas long as short
Bitget GENIUSUSDT+0.0100%4h0.3603−0.147%$761K$1.1M20xas long as short
BingX GENIUS-USDTlong+0.0100%4h0.3608long leg$1.7M
Variational Omni GENIUS+0.0100%4h0.3598−0.279%$95K$106Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3604−0.111%$1K$531K20xas long as short
MEXC GENIUS_USDT+0.0104%4h0.3609+0.028%$471K$313K20xas long as short
Binance GENIUSUSDT+0.0112%4h0.3610+0.055%$8.8M$16.4M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GENIUS-USD+0.0112%1h0.3609+0.031%$3K$184K5xas long as short
Aster GENIUSUSDT+0.0474%4h0.3601−0.187%$259K$510K20xas long as short