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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX+0.015%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$820.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.015%, 7d avg +0.028%
Together, before fees−0.072%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX S-USDT0.039870.0100pay 0.0050% / 4h3h 21m$6.7M
ShortBinance SUSDT0.039880.0100get 0.0050% / 4h3h 21m$5.5M$15.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: +0.015% → +0.028%
−$1.31
Slippage, 4 orders
−$61.56
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$82.87
Costs to cover
0.816%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: 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 BingX live order book, 1 min ago3.77 bp21.4 bp −$2159.8 bp −$598482.7 bp −$48.3K781.7 bp −$390.8K
Sell Binance live order book, 4 min ago1.25 bp20.7 bp −$2163.3 bp −$633428.3 bp −$42.8Kdoesn't fit

S on 25 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
01 Exchange SUSD−0.2344%1h0.03990+0.075%$25K$2K5xas long as short
Kraken Futures PF_SUSD−0.2027%1h0.03986−0.034%$34K$23K10xas long as short
Coinbase International S-PERP-INTX−0.1240%1h0.03959−0.702%$49K$5K25xas long as short
Variational Omni S−0.0762%4h0.03982−0.117%$619K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.03988+0.025%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03984−0.065%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03988+0.029%$615150xas long as short
Orderly PERP_S_USDC+0.0026%4h0.03986−0.025%$102K$331K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+2.834%$2K$37K12xas long as short
Lighter S+0.0096%1h0.03990+0.075%$163K$192K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03989+0.048%$998K$618K5xas long as short
Aster SUSDT+0.0100%4h0.03984−0.077%$44K$141K10xas long as short
Binance SUSDTshort+0.0100%4h0.03988+0.015%$5.5M$15.8M75x
Bybit SUSDT+0.0100%4h0.03984−0.075%$5.7M$4.9M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03985−0.050%$981K$4.6M20xas long as short
Gate S_USDT+0.0100%4h0.03981−0.150%$325K$218K50xas long as short
MEXC S_USDT+0.0100%4h0.03988+0.025%$3.7M$1.9M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03988+0.025%$1.8M$2.9M50xas long as short
Bitget SUSDT+0.0100%4h0.03988+0.025%$1.2M$2.4M50xas long as short
BingX S-USDTlong+0.0100%4h0.03987long leg$6.7M
Backpack S_USDC_PERP+0.0100%1h0.03990+0.075%$116K$324K5xas long as short
ApeX Omni SUSDT+0.0100%1h0.03990+0.075%$26K$445K50xas long as short
Extended S-USD+0.0104%1h0.03985−0.048%$225K$1.1M10xas long as short
BloFin S-USDT+0.0340%4h0.039870.000%$270K$126K75xas long as short
Deribit S_USDC-PERPETUAL+0.0753%1h0.03992+0.125%$67K$10K10xas long as short