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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0201%/8h= −22.0% APRpaid last 24h −0.060%
Price spread now: Reya against BingX−0.010%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX S-USDT0.039610.0100pay 0.0050% / 4h3h 12m$6.8M
ShortReya SRUSDPERP0.03961−0.0101pay 0.0013% / 1h12m 28s$415x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
−$42.25
Price spread: −0.010% → 0.000%
−$0.99
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$59.24
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Reya: no order-book sample. Net counts fees only.

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, 10 min ago1.26 bp18.1 bp −$1861.5 bp −$615505.9 bp −$50.6K766.3 bp −$383.1K
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.4944%1h0.03850−2.802%$24K$2K5xas long as short
Kraken Futures PF_SUSD−0.2248%1h0.03962+0.021%$33K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1344%1h0.03927−0.858%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.039610.000%$1K100xas long as short
Reya SRUSDPERPshort−0.0101%1h0.03961−0.010%$415x
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03962+0.023%$611150xas long as short
Variational Omni S+0.0008%4h0.03962+0.033%$615K$30Kas long as short
Injective S/USDC PERP+0.0033%1h0.04100+3.509%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0082%4h0.03964+0.076%$98K$293K10xas long as short
Lighter S+0.0096%1h0.03970+0.227%$168K$157K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03962+0.030%$993K$590K5xas long as short
Aster SUSDT+0.0100%4h0.03964+0.084%$46K$142K10xas long as short
Binance SUSDT+0.0100%4h0.039610.000%$5.5M$13.7M75xas long as short
Bybit SUSDT+0.0100%4h0.03956−0.126%$5.7M$4.4M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.039610.000%$984K$3.8M20xas long as short
Gate S_USDT+0.0100%4h0.03960−0.025%$322K$191K50xas long as short
MEXC S_USDT+0.0100%4h0.03962+0.025%$3.6M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.03960−0.025%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.03964+0.076%$1.2M$2.3M50xas long as short
BingX S-USDTlong+0.0100%4h0.03961long leg$6.8M
ApeX Omni SUSDT+0.0100%1h0.03970+0.227%$24K$464K50xas long as short
Extended S-USD+0.0104%1h0.03962+0.028%$225K$593K10xas long as short
BloFin S-USDT+0.0340%4h0.03967+0.151%$273K$102K75xas long as short
Deribit S_USDC-PERPETUAL+0.0758%1h0.03973+0.303%$67K$10K10xas long as short
Backpack S_USDC_PERP+0.1415%1h0.03980+0.480%$116K$423K5xas long as short