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

POWER

all POWER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX+0.270%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$616as in the Funding arb table
Net, price: spread back to 7d avg − costs−$592as in the Price arb table
costs, in and out, $10k−$6096.089% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.270%, 7d avg +0.104%
Together, before fees−0.218%−$22 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: Gate is 0.166% dearer against BingX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POWER-USDT0.12220.0100pay 0.0050% / 4h31m 32s$1.4M
ShortGate POWER_USDT0.12260.0100get 0.0100% / 8h4h 31m$231K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.270% → +0.104%
$16.58
Slippage, 4 orders
−$583.87
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$592.29
Costs to cover
6.089%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; Gate: live order book, 20 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, 15 min ago25.52 bp57.7 bp −$58235.3 bp −$2,3531198.3 bp −$119.8Kdoesn't fit
Sell Gate live order book, 20 min ago8.60 bp269.9 bp −$270doesn't fitdoesn't fitdoesn't fit

POWER on 10 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 POWER-USDT+0.0056%4h0.1222+0.008%$210K$131K20xas long as short
Binance POWERUSDT+0.0100%4h0.12220.000%$3.6M$5.6M20xas long as short
Bybit POWERUSDT+0.0100%4h0.1222−0.016%$2.0M$1.5M20xas long as short
Gate POWER_USDTshort+0.0100%8h0.1226+0.270%$231K$115K20x
MEXC POWER_USDT+0.0100%4h0.1222−0.016%$14.1M$438K20xas long as short
KuCoin POWERUSDTM+0.0100%4h0.1219−0.286%$2.4M$15.1M20xas long as short
Bitget POWERUSDT+0.0100%4h0.1220−0.180%$3.3M$510K20xas long as short
BingX POWER-USDTlong+0.0100%4h0.1222long leg$1.4M
Variational Omni POWER+0.0100%4h0.1217−0.431%$18K$3Kas long as short
Aster POWERUSDT+0.0244%4h0.1220−0.160%$24K$26K5xas long as short