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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0864%/8h= +94.6% APRnext payment +$1.08 per $10,000 · paid last 24h +0.149%
Price spread now: BingX against Bitget−0.433%7-day average +0.399% · you buy dearer than you sell
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$1261.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.359%+$136 on $10k
Price spread, last 7 days+0.935%+$93 · spread now −0.433%, 7d avg +0.399%
Together, before fees+2.293%+$229 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.832% cheaper against Bitget than usual: you would sell low and buy high (spread −0.433% now, against its 7-day average of +0.399%). If the spread goes back, that is −$83 on $10k: about 3.2 days of funding at the current rate (+$26 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONEUSDT0.004228−0.0760get 0.0095% / 1h11m 44s$1.9M$35.1M20x
ShortBingX ONE-USDT0.0042100.0104get 0.0013% / 1h11m 44s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
$181.44
Price spread: −0.433% → +0.399%
−$83.18
Slippage, 4 orders
−$103.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$27.67
Costs to cover
1.259%
Break-even
8.1 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 9 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 Bitget live order book, 2 min ago6.91 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago3.20 bp15.4 bp −$1558.8 bp −$588512.5 bp −$51.3K1167.3 bp −$583.6K

ONE on 9 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
OKX ONE-USDT-SWAP−4.0901%1h0.005026+18.867%$5.8M$260.4M10xas long as short
Gate ONE_USDT−0.1583%8h0.004173−1.303%$1.7M$16.6M20xas long as short
Aster ONEUSDT−0.1142%1h0.004175−1.251%$2.2M$5.8M5xas long as short
Bitget ONEUSDTlong−0.0760%1h0.004228long leg$1.9M$35.1M20x
MEXC ONE_USDT+0.0096%1h0.004195−0.773%$11.2M$16.7M20xas long as short
Variational Omni ONE+0.0100%1h0.004469+5.706%$109K$54Kas long as short
Binance ONEUSDT+0.0100%1h0.004170−1.385%$14.3M$353.5M50xas long as short
BingX ONE-USDTshort+0.0104%1h0.004210−0.433%$6.5M
KuCoin ONEUSDTM+0.7848%1h0.004445+5.130%$4.4M$13.1M30xas long as short