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

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.128%
Price spread now: Extended against BingX+0.143%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$350as in the Funding arb table
Net, price: spread back to 7d avg − costs−$331as in the Price arb table
costs, in and out, $10k−$3413.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$9 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.143%, 7d avg +0.044%
Together, before fees−0.165%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.099% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX Q-USDT0.025370.1080pay 0.0540% / 4h2h 54m$1.3M
ShortExtended Q-USD0.025410.1136get 0.0142% / 1h54m 44s$10K$166K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$11.76
Price spread: +0.143% → +0.044%
$9.87
Slippage, 4 orders
−$325.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$319.15
Costs to cover
3.408%
Break-even
197.0 days
Slippage from BingX: live order book, 5 min ago; Extended: live order book, 11 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, 5 min ago39.15 bp67.0 bp −$67230.3 bp −$2,303doesn't fitdoesn't fit
Sell Extended live order book, 11 min ago11.20 bp107.6 bp −$108doesn't fitdoesn't fitdoesn't fit

Q on 11 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
Gate Q_USDT+0.0100%4h0.02538+0.024%$1.2M$283K10xas long as short
KuCoin QUSDTM+0.0100%4h0.02536−0.028%$671K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02537+0.008%$2.3M$125K20xas long as short
Variational Omni Q+0.0503%4h0.02539+0.059%$2K$1Kas long as short
Bybit QUSDT+0.0734%4h0.02538+0.024%$1.5M$352K13xas long as short
BingX Q-USDTlong+0.1080%4h0.02537long leg$1.3M
Aster QUSDT+0.1104%4h0.02541+0.138%$59K$52K5xas long as short
Binance QUSDT+0.1126%4h0.02541+0.170%$7.0M$1.4M20xas long as short
BloFin Q-USDT+0.1131%4h0.02541+0.158%$378K$73K40xas long as short
MEXC Q_USDT+0.1132%4h0.02541+0.166%$122K$85K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended Q-USDshort+0.1136%1h0.02541+0.143%$10K$166K5x