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

POWR

all POWR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0386%/8h= −42.3% APRnext payment $1.93 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BingX0.000%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.621%−$62 on $10k
Price spread, last 4 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg −0.038%
Together, before fees−0.605%−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.038% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.038%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX POWR-USDT0.063510.0486pay 0.0243% / 4h1h 59m$1.3M
ShortBitget POWRUSDT0.063510.0100get 0.0050% / 4h1h 59m$368K$197K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$81.06
Price spread: 0.000% → −0.038%
$3.81
Slippage, 4 orders
−$142.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$241.66
Costs to cover
1.644%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 47 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, 10 min ago3.15 bp31.0 bp −$31126.5 bp −$1,265461.3 bp −$46.1K514.2 bp −$257.1K
Sell Bitget live order book, 47 min ago9.46 bp50.3 bp −$50244.9 bp −$2,449doesn't fitdoesn't fit

POWR on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster POWRUSDT+0.0100%4h0.06349−0.039%$13K$44K5xas long as short
Binance POWRUSDT+0.0100%4h0.06349−0.039%$1.4M$2.1M50xas long as short
Gate POWR_USDT+0.0100%4h0.06335−0.252%$106K$25K10xas long as short
MEXC POWR_USDT+0.0100%4h0.06350−0.016%$1.1M$109K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06377+0.409%$637K$99K30xas long as short
Bitget POWRUSDTshort+0.0100%4h0.063510.000%$368K$197K50x
Variational Omni POWR+0.0126%4h0.06343−0.126%$509$2Kas long as short
Kraken Futures PF_POWRUSD+0.0286%1h0.06364+0.203%$16K$11K10xas long as short
Bybit POWRUSDT+0.0293%4h0.06344−0.110%$906K$514K13xas long as short
BingX POWR-USDTlong+0.0486%4h0.06351long leg$1.3M