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−0.0048%/8h= −5.3% APRnext payment $0.24 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.145%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.188%−$19 on $10k
Price spread, last 7 days+0.129%+$13 · spread now −0.145%, 7d avg −0.093%
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 Gate is 0.052% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GENIUS-USDT0.34420.0148pay 0.0074% / 4h56m 14s$1.7M
ShortGate GENIUS_USDT0.34370.0100get 0.0050% / 4h56m 14s$244K$367K20x

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
−$10.08
Price spread: −0.145% → −0.093%
−$5.21
Slippage, 4 orders
−$210.96
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$251.25
Costs to cover
2.360%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 65 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 ago5.82 bp29.7 bp −$3097.2 bp −$972doesn't fitdoesn't fit
Sell Gate live order book, 65 min ago9.98 bp78.5 bp −$78doesn't fitdoesn'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+0.0085%4h0.3437−0.145%$489K$24K50xas long as short
Bybit GENIUSUSDT+0.0100%4h0.3441−0.029%$1.4M$2.4M25xas long as short
Gate GENIUS_USDTshort+0.0100%4h0.3437−0.145%$244K$367K20x
KuCoin GENIUSUSDTM+0.0100%4h0.3441−0.038%$532K$1.8M20xas long as short
Bitget GENIUSUSDT+0.0100%4h0.3440−0.046%$723K$1.1M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3434−0.238%$90K$82Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3448+0.174%$1K$701K20xas long as short
Extended GENIUS-USD+0.0128%1h0.3447+0.137%$3K$170K5xas long as short
Binance GENIUSUSDT+0.0129%4h0.3443+0.029%$8.8M$17.9M50xas long as short
MEXC GENIUS_USDT+0.0130%4h0.34420.000%$452K$328K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GENIUS-USDTlong+0.0148%4h0.3442long leg$1.7M
Aster GENIUSUSDT+0.0633%4h0.3434−0.221%$250K$441K20xas long as short