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

PUNDIX

all PUNDIX 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: Gate against Bitget+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PUNDIXUSDT0.11700.0100pay 0.0050% / 4h2h 43m$224K$214K20x
ShortGate PUNDIX_USDT0.11700.0100get 0.0050% / 4h2h 43m$37K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: +0.017% → 0.000%
$1.71
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$25.29
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 62 min ago; Gate: no order-book sample. Net counts fees only.

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, 62 min ago2.95 bp22.5 bp −$23221.2 bp −$2,212doesn't fitdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PUNDIX on 7 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
BingX PUNDIX-USDT+0.0070%4h0.1170+0.034%$1.2Mas long as short
Binance PUNDIXUSDT+0.0100%4h0.1170+0.046%$1.3M$1.7M50xas long as short
Bybit PUNDIXUSDT+0.0100%4h0.1171+0.077%$750K$432K20xas long as short
Gate PUNDIX_USDTshort+0.0100%4h0.1170+0.017%$37K$10K20x
MEXC PUNDIX_USDT+0.0100%4h0.11700.000%$2.3M$104K50xas long as short
Bitget PUNDIXUSDTlong+0.0100%4h0.1170long leg$224K$214K20x
Variational Omni PUNDIX+0.0235%4h0.1172+0.213%$1K$40Kas long as short