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

IDOL

all IDOL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against BingX−0.872%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$415as in the Price arb table
costs, in and out, $10k−$3443.442% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.111%−$11 on $10k
Price spread, last 7 days+0.639%+$64 · spread now −0.872%, 7d avg −0.166%
Together, before fees+0.528%+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.706% cheaper against BingX than usual: you would sell low and buy high (−$71 if the spread goes back to its 7-day average of −0.166%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX IDOL-USDT0.012610.0156pay 0.0078% / 4h2h 44m$2.3M
ShortBitget IDOLUSDT0.012500.0100get 0.0050% / 4h2h 44m$2.6M$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$11.76
Price spread: −0.872% → −0.166%
−$70.65
Slippage, 4 orders
−$322.17
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$426.58
Costs to cover
3.442%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 3 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, 9 min ago31.82 bp80.1 bp −$80171.6 bp −$1,716doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago11.85 bp84.0 bp −$84712.8 bp −$7,128doesn't fitdoesn't fit

IDOL on 8 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
Aster IDOLUSDT+0.0100%4h0.01249−0.963%$144K$2K5xas long as short
KuCoin IDOLUSDTM+0.0100%4h0.01259−0.159%$755K$28K25xas long as short
Bitget IDOLUSDTshort+0.0100%4h0.01250−0.872%$2.6M$111K10x
Variational Omni IDOL+0.0100%4h0.01268+0.538%$3K$251as long as short
BingX IDOL-USDTlong+0.0156%4h0.01261long leg$2.3M
Gate IDOL_USDT+0.0176%4h0.01256−0.389%$649K$71K10xas long as short
MEXC IDOL_USDT+0.0182%4h0.01252−0.714%$93K$87K50xas long as short
Binance IDOLUSDT+0.0188%4h0.01252−0.714%$6.3M$1.6M25xas long as short