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 Bybit+0.131%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$203as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2062.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.131%, 7d avg +0.152%
Together, before fees+0.021%+$2 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 0.021% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SAFEUSDT0.10720.0100pay 0.0050% / 4h2h 55m$1.3M$670K25x
ShortBingX SAFE-USDT0.10740.0100get 0.0050% / 4h2h 55m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.131% → +0.152%
−$2.12
Slippage, 4 orders
−$184.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$207.75
Costs to cover
2.056%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; BingX: live order book, 10 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 Bybit live order book, just now5.59 bp71.8 bp −$72378.0 bp −$3,780doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago5.07 bp31.5 bp −$32107.5 bp −$1,075660.1 bp −$66.0K959.0 bp −$479.5K

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%1h0.1002−6.565%$9$19K5.5xas long as short
BloFin SAFE-USDT+0.0057%4h0.1080+0.718%$75K$6K50xas long as short
Binance SAFEUSDT+0.0100%4h0.1075+0.220%$1.1M$2.2M50xas long as short
Bybit SAFEUSDTlong+0.0100%4h0.1072long leg$1.3M$670K25x
MEXC SAFE_USDT+0.0100%4h0.1075+0.242%$391K$127K100xas long as short
Bitget SAFEUSDT+0.0100%4h0.1074+0.149%$391K$271K50xas long as short
BingX SAFE-USDTshort+0.0100%4h0.1074+0.131%$6.5M
Variational Omni SAFE+0.0100%4h0.1070−0.179%$3K$3Kas long as short
Gate SAFE_USDT+0.1012%4h0.1074+0.112%$698K$69K50xas long as short