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

SAFE

all SAFE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.22 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against BloFin−0.155%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 7 days−0.007%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.155% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SAFE-USDT0.10950.0144pay 0.0072% / 4h3h 32m$74K$5K50x
ShortBingX SAFE-USDT0.10940.0100get 0.0050% / 4h3h 32m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$9.28
Price spread: −0.155% → 0.000%
−$15.52
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$46.79
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 3 min ago. 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 BloFin no order-book sample
Sell BingX live order book, 3 min ago4.57 bp37.3 bp −$37117.5 bp −$1,175570.5 bp −$57.0K885.9 bp −$443.0K
BloFin: 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.

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%1h0.1002−8.535%$9$19K5.5xas long as short
Binance SAFEUSDT+0.0100%4h0.1095−0.066%$1.1M$2.1M50xas long as short
Bybit SAFEUSDT+0.0100%4h0.1093−0.246%$1.3M$587K25xas long as short
Gate SAFE_USDT+0.0100%4h0.1094−0.110%$712K$57K50xas long as short
MEXC SAFE_USDT+0.0100%4h0.1095−0.064%$413K$125K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1094−0.137%$394K$256K50xas long as short
BingX SAFE-USDTshort+0.0100%4h0.1094−0.155%$6.5M
Variational Omni SAFE+0.0100%4h0.1092−0.282%$3K$3Kas long as short
BloFin SAFE-USDTlong+0.0144%4h0.1095long leg$74K$5K50x