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

GENIUS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Bitget+0.104%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2382.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.104%, 7d avg +0.082%
Together, before fees+0.158%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.022% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GENIUSUSDT0.35220.0100pay 0.0050% / 4h2h 44m$719K$1.1M20x
ShortExtended GENIUS-USD0.35260.0104get 0.0013% / 1h44m 00s$4K$201K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.104% → +0.082%
$2.16
Slippage, 4 orders
−$221.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$235.02
Costs to cover
2.380%
Break-even
1965.5 days
Slippage from Bitget: live order book, 2 min ago; Extended: 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 Bitget live order book, 2 min ago8.65 bp42.6 bp −$43147.1 bp −$1,471doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago6.37 bp50.4 bp −$50doesn'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+0.0088%4h0.3533+0.301%$497K$25K50xas long as short
Binance GENIUSUSDT+0.0100%4h0.3527+0.131%$9.2M$17.3M50xas long as short
Bybit GENIUSUSDT+0.0100%4h0.3526+0.102%$1.4M$2.2M25xas long as short
Gate GENIUS_USDT+0.0100%4h0.3524+0.045%$240K$373K20xas long as short
MEXC GENIUS_USDT+0.0100%4h0.3526+0.102%$513K$317K20xas long as short
KuCoin GENIUSUSDTM+0.0100%4h0.3526+0.099%$529K$1.8M20xas long as short
Bitget GENIUSUSDTlong+0.0100%4h0.3522long leg$719K$1.1M20x
BingX GENIUS-USDT+0.0100%4h0.3526+0.102%$1.7Mas long as short
Variational Omni GENIUS+0.0100%4h0.3531+0.255%$92K$37Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3524+0.045%$1K$748K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GENIUS-USDshort+0.0104%1h0.3526+0.104%$4K$201K5x
Aster GENIUSUSDT+0.0617%4h0.3530+0.216%$258K$410K20xas long as short