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

PROMPT

all PROMPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against BingX−0.090%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$341as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3423.419% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.090%, 7d avg +0.032%
Together, before fees+0.150%+$15 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: Bybit is 0.122% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PROMPT-USDT0.022280.0100pay 0.0050% / 4h53m 07s$6.5M
ShortBybit PROMPTUSDT0.022260.0100get 0.0050% / 4h53m 07s$333K$157K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.090% → +0.032%
−$12.2
Slippage, 4 orders
−$320.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$354.15
Costs to cover
3.419%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Bybit: live order book, 61 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, 13 min ago9.11 bp50.1 bp −$50132.4 bp −$1,3241196.2 bp −$119.6K1479.6 bp −$739.8K
Sell Bybit live order book, 61 min ago6.79 bp135.7 bp −$136doesn't fitdoesn't fitdoesn't fit

PROMPT 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
Aster PROMPTUSDT+0.0100%4h0.02208−0.898%$3K$1505xas long as short
Binance PROMPTUSDT+0.0100%4h0.02223−0.224%$1.2M$1.4M40xas long as short
Bybit PROMPTUSDTshort+0.0100%4h0.02226−0.090%$333K$157K5x
MEXC PROMPT_USDT+0.0100%4h0.02223−0.224%$111K$97K20xas long as short
KuCoin PROMPTUSDTM+0.0100%4h0.02204−1.077%$78K$70K30xas long as short
BingX PROMPT-USDTlong+0.0100%4h0.02228long leg$6.5M
Variational Omni PROMPT+0.0100%4h0.02205−1.026%$3K$4Kas long as short
Gate PROMPT_USDT+0.0482%4h0.02224−0.180%$550K$60K20xas long as short
Kraken Futures PF_PROMPTUSD+3.9505%1h0.02220−0.351%$2K$2K10xas long as short