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

RE

all RE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin+0.043%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.043%, 7d avg +0.013%
Together, before fees+0.035%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin RE-USDT0.47010.0051pay 0.0025% / 4h2h 18m$370K$71K50x
ShortBingX RE-USDT0.47030.0100get 0.0050% / 4h2h 18m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$10.39
Price spread: +0.043% → +0.013%
$2.92
Slippage, 4 orders
−$46.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$55.45
Costs to cover
0.688%
Break-even
44.3 days
Slippage from BloFin: live order book, 6 min ago; BingX: live order book, 13 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 BloFin live order book, 6 min ago2.15 bp13.4 bp −$1346.9 bp −$469doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.28 bp19.6 bp −$2055.0 bp −$550431.5 bp −$43.1K1014.3 bp −$507.2K

RE on 14 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
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4704+0.069%150xas long as short
BloFin RE-USDTlong+0.0051%4h0.4701long leg$370K$71K50x
Aster REUSDT+0.0100%4h0.4702+0.017%$36K$28K20xas long as short
Binance REUSDT+0.0100%4h0.4702+0.017%$8.4M$9.1M50xas long as short
Bybit REUSDT+0.0100%4h0.4704+0.064%$1.5M$1.3M20xas long as short
OKX RE-USDT-SWAP+0.0100%4h0.4704+0.072%$1.9M$3.9M20xas long as short
Gate RE_USDT+0.0100%4h0.4707+0.121%$425K$982K20xas long as short
MEXC RE_USDT+0.0100%4h0.4703+0.043%$1.2M$452K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4704+0.062%$1.4M$1.0M20xas long as short
Bitget REUSDT+0.0100%4h0.4705+0.085%$1.8M$689K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX RE-USDTshort+0.0100%4h0.4703+0.043%$1.7M
edgeX REUSDC+0.0100%4h0.4677−0.517%$8K$221K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4705+0.085%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4701+0.009%$7965xas long as short