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

RE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against OKX−0.021%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.021%, 7d avg +0.005%
Together, before fees+0.152%+$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: BingX is 0.026% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX RE-USDT-SWAP0.47150.0100pay 0.0050% / 4h53m 53s$1.8M$3.5M20x
ShortBingX RE-USDT0.47140.0100get 0.0050% / 4h53m 53s$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: −0.021% → +0.005%
−$2.65
Slippage, 4 orders
−$45.27
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$67.92
Costs to cover
0.653%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; BingX: live order book, 4 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 OKX live order book, 3 min ago2.44 bp15.6 bp −$16110.5 bp −$1,105doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago4.25 bp14.5 bp −$1448.1 bp −$481375.4 bp −$37.5K1121.7 bp −$560.9K

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%1h0.4714−0.031%150xas long as short
Aster REUSDT+0.0100%4h0.4711−0.083%$33K$26K20xas long as short
Binance REUSDT+0.0100%4h0.4713−0.046%$8.5M$8.2M50xas long as short
Bybit REUSDT+0.0100%4h0.4712−0.064%$1.4M$1.3M20xas long as short
OKX RE-USDT-SWAPlong+0.0100%4h0.4715long leg$1.8M$3.5M20x
Gate RE_USDT+0.0100%4h0.4712−0.072%$426K$918K20xas long as short
MEXC RE_USDT+0.0100%4h0.4711−0.085%$1.3M$438K50xas long as short
KuCoin REUSDTM+0.0100%4h0.4713−0.051%$1.4M$927K20xas long as short
Bitget REUSDT+0.0100%4h0.4713−0.047%$1.8M$554K20xas long as short
BingX RE-USDTshort+0.0100%4h0.4714−0.021%$1.7M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4705−0.211%$8K$218K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4717+0.042%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4710−0.102%$8005xas long as short
BloFin RE-USDT+0.0106%4h0.4702−0.276%$362K$20K50xas long as short