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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.155%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1421.421% 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 4 days (all we have)−0.138%−$14 · spread now +0.155%, 7d avg +0.051%
Together, before fees−0.138%−$14 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: Bitget is 0.104% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SAFE-USDT0.10970.0100pay 0.0050% / 4h43m 41s$6.5M
ShortBitget SAFEUSDT0.10990.0100get 0.0050% / 4h43m 41s$385K$207K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.155% → +0.051%
$10.37
Slippage, 4 orders
−$120.08
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$131.71
Costs to cover
1.421%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 52 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, 6 min ago5.89 bp32.0 bp −$32129.1 bp −$1,291585.6 bp −$58.6K921.5 bp −$460.8K
Sell Bitget live order book, 52 min ago4.57 bp31.8 bp −$32123.4 bp −$1,234doesn'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%1h0.1002−8.685%$9$19K5.5xas long as short
BloFin SAFE-USDT+0.0069%4h0.1103+0.483%$72K$8K50xas long as short
Binance SAFEUSDT+0.0100%4h0.1099+0.173%$1.1M$1.7M50xas long as short
Bybit SAFEUSDT+0.0100%4h0.1096−0.073%$1.4M$392K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1101+0.337%$715K$47K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1099+0.182%$416K$105K100xas long as short
Bitget SAFEUSDTshort+0.0100%4h0.1099+0.155%$385K$207K50x
BingX SAFE-USDTlong+0.0100%4h0.1097long leg$6.5M
Variational Omni SAFE+0.0100%4h0.1100+0.254%$3K$3Kas long as short