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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.192%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1541.541% 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−0.097%−$10 · spread now +0.192%, 7d avg +0.089%
Together, before fees−0.097%−$10 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: Binance is 0.103% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SAFE-USDT0.10920.0100pay 0.0050% / 4h3h 40m$6.5M
ShortBinance SAFEUSDT0.10940.0100get 0.0050% / 4h3h 40m$1.1M$1.6M50x

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: +0.192% → +0.089%
$10.29
Slippage, 4 orders
−$134.09
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$143.8
Costs to cover
1.541%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 8 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, 10 min ago6.40 bp31.9 bp −$32123.0 bp −$1,230650.4 bp −$65.0K1085.7 bp −$542.9K
Sell Binance live order book, 8 min ago4.10 bp44.1 bp −$44146.6 bp −$1,466doesn't fitdoesn't fit

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%1h0.1002−8.259%$9$19K5.5xas long as short
Gate SAFE_USDT+0.0038%4h0.1095+0.302%$710K$47K50xas long as short
Binance SAFEUSDTshort+0.0100%4h0.1094+0.192%$1.1M$1.6M50x
Bybit SAFEUSDT+0.0100%4h0.1091−0.146%$1.4M$360K25xas long as short
MEXC SAFE_USDT+0.0100%4h0.1094+0.137%$415K$104K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1094+0.165%$387K$189K50xas long as short
BingX SAFE-USDTlong+0.0100%4h0.1092long leg$6.5M
Variational Omni SAFE+0.0100%4h0.1091−0.076%$3K$218as long as short
BloFin SAFE-USDT+0.0133%4h0.1094+0.156%$71K$8K50xas long as short