Funding arb · Price arb /

HAEDAL

all HAEDAL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against BingX+0.088%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$170as in the Price arb table

costs, in and out, $10k−$1771.767% of the position

Long on BingX Short on Binance

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−0.079%−$8 · spread now +0.088%, 7d avg +0.024%

Together, before fees−0.087%−$9 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: Binance is 0.064% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX HAEDAL-USDT	0.02057	0.0100	pay 0.0050% / 4h	2h 23m	—	$1.2M	—
Short	Binance HAEDALUSDT	0.02059	0.0100	get 0.0050% / 4h	2h 23m	$1.5M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → +0.024%: $6.4
Slippage, 4 orders: −$156.7
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$170.3
Costs to cover: 1.767%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BingX live order book, 4 min ago	9.72 bp	45.8 bp −$46	300.6 bp −$3,006	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.42 bp	44.0 bp −$44	451.7 bp −$4,517	doesn't fit	doesn't fit

HAEDAL on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance HAEDALUSDTshort	+0.0100%	4h	0.02059	+0.088%	$1.5M	$2.0M	10x
Bybit HAEDALUSDT	+0.0100%	4h	0.02058	+0.049%	$390K	$232K	13x	as long as short
Gate HAEDAL_USDT	+0.0100%	4h	0.02060	+0.146%	$73K	$45K	10x	as long as short
MEXC HAEDAL_USDT	+0.0100%	4h	0.02058	+0.049%	$156K	$197K	125x	as long as short
KuCoin HAEDALUSDTM	+0.0100%	4h	0.02058	+0.049%	$116K	$52K	10x	as long as short
Bitget HAEDALUSDT	+0.0100%	4h	0.02057	0.000%	$201K	$239K	10x	as long as short
BingX HAEDAL-USDTlong	+0.0100%	4h	0.02057	long leg	—	$1.2M	—
Variational Omni HAEDAL	+0.0100%	4h	0.02055	−0.089%	$356	$2K	—	as long as short