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

ID

all ID 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 −0.060%
Price spread now: Binance against Gate−0.020%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1341.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.020%, 7d avg −0.006%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ID_USDT0.038290.0100pay 0.0050% / 4h1h 20m$253K$243K25x
ShortBinance IDUSDT0.038280.0100get 0.0050% / 4h1h 20m$2.5M$3.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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: −0.020% → −0.006%
−$1.42
Slippage, 4 orders
−$109.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$135.67
Costs to cover
1.343%
Break-even
never at this rate
Slippage from Gate: live order book, 36 min ago; Binance: live order book, 1 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 Gate live order book, 36 min ago3.95 bp52.6 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.61 bp19.4 bp −$1976.4 bp −$764doesn't fitdoesn't fit

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+0.0087%4h0.03830+0.026%$161K$13K50xas long as short
Aster IDUSDT+0.0100%4h0.03831+0.049%$9K$1475xas long as short
Binance IDUSDTshort+0.0100%4h0.03828−0.020%$2.5M$3.7M50x
Bybit IDUSDT+0.0100%8h0.03828−0.026%$1.5M$1.1M25xas long as short
Gate ID_USDTlong+0.0100%4h0.03829long leg$253K$243K25x
MEXC ID_USDT+0.0100%4h0.03828−0.026%$378K$197K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03823−0.157%$1.1M$62K30xas long as short
Variational Omni ID+0.0100%8h0.03828−0.032%$12K$20Kas long as short
BingX ID-USDT+0.0150%4h0.03828−0.026%$2.3Mas long as short
Bitget IDUSDT+0.0180%4h0.03831+0.052%$824K$639K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0620%1h0.03826−0.088%$4K$3K10xas long as short