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

Q

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.115%
Price spread now: BingX against Extended−0.150%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$348as in the Price arb table
costs, in and out, $10k−$3373.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.150%, 7d avg −0.046%
Together, before fees+0.159%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.104% cheaper against Extended than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.046%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.082%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended Q-USD0.025260.0920pay 0.0115% / 1h8m 18s$8K$164K5x
ShortBingX Q-USDT0.025230.0884get 0.0442% / 4h2h 08m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$7.56
Price spread: −0.150% → −0.046%
−$10.39
Slippage, 4 orders
−$322.45
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$355.4
Costs to cover
3.374%
Break-even
never at this rate
Slippage from Extended: live order book, 58 min ago; BingX: live order book, 5 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 Extended live order book, 58 min ago11.20 bp98.6 bp −$99831.8 bp −$8,318doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago40.17 bp68.7 bp −$69163.1 bp −$1,6311100.0 bp −$110.0K1346.4 bp −$673.2K

Q 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
Gate Q_USDT+0.0100%4h0.02524−0.090%$1.2M$292K10xas long as short
KuCoin QUSDTM+0.0100%4h0.02523−0.154%$668K$19K20xas long as short
Bitget QUSDT+0.0100%4h0.02525−0.067%$2.2M$121K20xas long as short
Bybit QUSDT+0.0461%4h0.02525−0.047%$1.5M$352K13xas long as short
Variational Omni Q+0.0463%4h0.02529+0.086%$610$2Kas long as short
Aster QUSDT+0.0826%4h0.02524−0.099%$58K$52K5xas long as short
BingX Q-USDTshort+0.0884%4h0.02523−0.150%$1.3M
Extended Q-USDlong+0.0920%1h0.02526long leg$8K$164K5x
MEXC Q_USDT+0.0922%4h0.02527+0.032%$122K$88K50xas long as short
Binance QUSDT+0.0923%4h0.02527+0.025%$7.0M$1.4M20xas long as short