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

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.050%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.901% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.050%, 7d avg +0.032%
Together, before fees+0.041%+$4 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: BingX is 0.082% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance PORTALUSDT0.019850.0100pay 0.0050% / 4h3h 56m$3.3M$5.2M10x
ShortBingX PORTAL-USDT0.019840.0100get 0.0050% / 4h3h 56m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.050% → +0.032%
−$8.19
Slippage, 4 orders
−$70.13
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$98.32
Costs to cover
0.901%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 10 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 ago2.51 bp27.7 bp −$28307.3 bp −$3,073doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.03 bp20.0 bp −$2061.4 bp −$614708.3 bp −$70.8K902.3 bp −$451.1K

PORTAL 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
BloFin PORTAL-USDT+0.0099%4h0.01990+0.252%$206K$18K10xas long as short
Aster PORTALUSDT+0.0100%4h0.01986+0.035%$13K$41K5xas long as short
Binance PORTALUSDTlong+0.0100%4h0.01985long leg$3.3M$5.2M10x
Bybit PORTALUSDT+0.0100%4h0.01986+0.050%$1.3M$896K20xas long as short
MEXC PORTAL_USDT+0.0100%4h0.019850.000%$892K$378K50xas long as short
BingX PORTAL-USDTshort+0.0100%4h0.01984−0.050%$1.3M
Variational Omni PORTAL+0.0100%4h0.01991+0.325%$1K$6Kas long as short
KuCoin PORTALUSDTM+0.0160%4h0.01988+0.151%$339K$116K10xas long as short
Kraken Futures PF_PORTALUSD+0.1414%1h0.01985−0.014%$40K$204K10xas long as short