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

ID

all ID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.044%
Price spread now: BingX against Bybit−0.053%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$890.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 7 days+0.058%+$6 · spread now −0.053%, 7d avg −0.012%
Together, before fees+0.238%+$24 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: BingX is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IDUSDT0.037660.0100pay 0.0100% / 8h1h 40m$1.4M$1.0M25x
ShortBingX ID-USDT0.037640.0100get 0.0050% / 4h1h 40m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.053% → −0.012%
−$4.14
Slippage, 4 orders
−$68.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$93.18
Costs to cover
0.890%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 8 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 Bybit live order book, 1 min ago3.99 bp26.2 bp −$26447.6 bp −$4,476doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago6.65 bp23.7 bp −$2454.7 bp −$547388.6 bp −$38.9K466.1 bp −$233.0K

ID on 11 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 ID-USDT+0.0073%4h0.03765−0.027%$163K$11K50xas long as short
Aster IDUSDT+0.0100%4h0.03768+0.041%$9K$1355xas long as short
Binance IDUSDT+0.0100%4h0.03765−0.027%$2.4M$3.4M50xas long as short
Bybit IDUSDTlong+0.0100%8h0.03766long leg$1.4M$1.0M25x
Gate ID_USDT+0.0100%4h0.03765−0.027%$254K$236K25xas long as short
MEXC ID_USDT+0.0100%4h0.03764−0.053%$430K$155K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03764−0.053%$1.1M$62K30xas long as short
Bitget IDUSDT+0.0100%4h0.03767+0.027%$780K$572K50xas long as short
BingX ID-USDTshort+0.0100%4h0.03764−0.053%$2.3M
Variational Omni ID+0.0100%8h0.03766−0.011%$12K$20Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0406%1h0.03767+0.038%$4K$2K10xas long as short