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

SAFE

all SAFE 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 0.000%
Price spread now: BingX against Binance−0.154%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.154%, 7d avg −0.089%
Together, before fees+0.027%+$3 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 0.064% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SAFEUSDT0.10930.0100pay 0.0050% / 4h1h 19m$1.1M$2.1M50x
ShortBingX SAFE-USDT0.10910.0100get 0.0050% / 4h1h 19m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: −0.154% → −0.089%
−$6.43
Slippage, 4 orders
−$121.57
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$148
Costs to cover
1.416%
Break-even
never at this rate
Slippage from Binance: live order book, just now; BingX: live order book, 7 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 Binance live order book, just now4.12 bp34.5 bp −$34171.5 bp −$1,715doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago4.58 bp34.9 bp −$35131.4 bp −$1,314686.0 bp −$68.6K1052.2 bp −$526.1K

SAFE on 9 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
Injective SAFE/USDC PERP+0.0033%1h0.1002−8.324%$9$19K5.5xas long as short
BloFin SAFE-USDT+0.0098%4h0.1094+0.048%$74K$6K50xas long as short
Binance SAFEUSDTlong+0.0100%4h0.1093long leg$1.1M$2.1M50x
Bybit SAFEUSDT+0.0100%4h0.1090−0.318%$1.3M$616K25xas long as short
MEXC SAFE_USDT+0.0100%4h0.1093−0.016%$399K$129K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1092−0.089%$390K$267K50xas long as short
BingX SAFE-USDTshort+0.0100%4h0.1091−0.154%$6.5M
Variational Omni SAFE+0.0100%4h0.1091−0.186%$3K$3Kas long as short
Gate SAFE_USDT+0.0140%4h0.1093+0.011%$712K$69K50xas long as short