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

IO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.007%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.007%, 7d avg +0.015%
Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended IO-USD0.15130.0104pay 0.0013% / 1h54m 34s$5K$171K5x
ShortBingX IO-USDT0.15130.0100get 0.0050% / 4h1h 54m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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: +0.007% → +0.015%
−$0.77
Slippage, 4 orders
−$154.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$171.2
Costs to cover
1.696%
Break-even
never at this rate
Slippage from Extended: live order book, 27 min ago; BingX: live order book, 5 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 Extended live order book, 27 min ago5.28 bp46.3 bp −$46468.8 bp −$4,688doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.64 bp22.0 bp −$2255.7 bp −$557463.6 bp −$46.4K743.7 bp −$371.9K

IO on 14 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
Kraken Futures PF_IOUSD−0.0640%1h0.1514+0.091%$39K$21K10xas long as short
BloFin IO-USDT+0.0083%4h0.1514+0.073%$194K$30K50xas long as short
Hyperliquid IO+0.0100%1h0.1514+0.040%$1.0M$388K3xas long as short
Aster IOUSDT+0.0100%4h0.1514+0.094%$6K$32K5xas long as short
Binance IOUSDT+0.0100%4h0.1513+0.007%$3.0M$6.5M50xas long as short
Bybit IOUSDT+0.0100%4h0.1512−0.059%$1.1M$868K25xas long as short
Gate IO_USDT+0.0100%4h0.1514+0.093%$232K$526K50xas long as short
MEXC IO_USDT+0.0100%4h0.1513+0.007%$1.2M$226K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.1513+0.007%$402K$655K50xas long as short
Bitget IOUSDT+0.0100%4h0.1513+0.007%$1.3M$1.2M50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IO-USDTshort+0.0100%4h0.1513+0.007%$1.3M
Variational Omni IO+0.0100%4h0.1506−0.431%$30K$5Kas long as short
Extended IO-USDlong+0.0104%1h0.1513long leg$5K$171K5x
Injective IO/USDC PERP+0.0163%1h0.1509−0.258%$2K$1025.5xas long as short