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

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h −0.205%
Price spread now: edgeX against BingX−0.105%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3023.021% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.312%−$31 on $10k
Price spread, last 3 days (all we have)−0.091%−$9 · spread now −0.105%, 7d avg −0.033%
Together, before fees−0.403%+ Points / potential airdropedgeX: Active · farm board−$40 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: edgeX is 0.072% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ON-USDT0.13690.0100pay 0.0050% / 4h3h 19m$6.6M
ShortedgeX ONUSDC0.13680.0109get 0.0054% / 4h3h 19m$8K$134K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$1.83
Price spread: −0.105% → −0.033%
−$7.2
Slippage, 4 orders
−$283.13
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$307.5
Costs to cover
3.021%
Break-even
1182.5 days
Slippage from BingX: live order book, 3 min ago; edgeX: live order book, 52 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, 3 min ago10.97 bp19.8 bp −$2078.7 bp −$787doesn't fitdoesn't fit
Sell edgeX live order book, 52 min ago8.76 bp133.1 bp −$133doesn't fitdoesn't fitdoesn't fit

ON 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
Binance ONUSDT+0.0100%4h0.1370+0.039%$5.9M$3.8M50xas long as short
Gate ON_USDT+0.0100%4h0.1367−0.139%$305K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.13690.000%$1.1M$406K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1368−0.102%$752K$52K50xas long as short
BingX ON-USDTlong+0.0100%4h0.1369long leg$6.6M
Variational Omni ON+0.0100%4h0.1367−0.126%$25K$7Kas long as short
edgeX ONUSDCshort+0.0109%4h0.1368−0.105%$8K$134K10x
Aster ONUSDT+0.0276%4h0.1368−0.062%$447K$31K5xas long as short