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

NOT

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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 0.000%
Price spread now: Bitget against Binance+0.040%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.040%, 7d avg +0.042%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOTUSDT0.00050550.0100pay 0.0050% / 4h55m 04s$2.1M$3.0M50x
ShortBitget NOTUSDT0.00050570.0100get 0.0050% / 4h55m 04s$671K$409K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: +0.040% → +0.042%
−$0.22
Slippage, 4 orders
−$89.39
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$111.61
Costs to cover
1.114%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 65 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 Binance live order book, 11 min ago2.96 bp22.0 bp −$22175.3 bp −$1,753doesn't fitdoesn't fit
Sell Bitget live order book, 65 min ago6.89 bp26.2 bp −$26162.7 bp −$1,627doesn't fitdoesn't fit

NOT on 16 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
Variational Omni NOT−0.0443%4h0.0005053−0.046%$71K$39Kas long as short
KuCoin NOTUSDTM−0.0258%4h0.0005051−0.079%$465K$128K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.581%$1K$13K5.5xas long as short
Bybit NOTUSDT+0.0081%4h0.0005050−0.099%$2.1M$847K25xas long as short
Lighter 1000NOT+0.0096%1h0.0005065+0.190%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005050−0.099%$368K$51K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005052−0.063%$14K$9K5xas long as short
Binance NOTUSDTlong+0.0100%4h0.0005055long leg$2.1M$3.0M50x
OKX NOT-USDT-SWAP+0.0100%4h0.00050550.000%$633K$645K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005046−0.178%$143K$68K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005053−0.040%$1.3M$414K200xas long as short
Bitget NOTUSDTshort+0.0100%4h0.0005057+0.040%$671K$409K50x
BingX NOT-USDT+0.0100%4h0.0005053−0.040%$8.8Mas long as short
Extended kNOT-USD+0.0104%1h0.0005051−0.084%$4K$4915xas long as short
BloFin NOT-USDT+0.0134%4h0.0005065+0.198%$112K$16K50xas long as short
Kraken Futures PF_NOTUSD+0.1707%1h0.0005058+0.066%$49K$9K10xas long as short