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

SANTOS

all SANTOS 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−0.171%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1711.711% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days+0.178%+$18 · spread now −0.171%, 7d avg +0.015%
Together, before fees+0.196%+$20 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 0.186% cheaper against Binance than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SANTOSUSDT0.52550.0100pay 0.0050% / 4h3h 15m$1.5M$835K10x
ShortBingX SANTOS-USDT0.52460.0100get 0.0050% / 4h3h 15m$1.2M

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: −0.171% → +0.015%
−$18.64
Slippage, 4 orders
−$151.09
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$189.73
Costs to cover
1.711%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago1.91 bp42.7 bp −$431922.0 bp −$19.2Kdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago9.53 bp46.1 bp −$46327.2 bp −$3,272766.6 bp −$76.7Kdoesn't fit

SANTOS on 5 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
Binance SANTOSUSDTlong+0.0100%4h0.5255long leg$1.5M$835K10x
MEXC SANTOS_USDT+0.0100%4h0.5252−0.057%$457K$107K100xas long as short
Bitget SANTOSUSDT+0.0100%4h0.5241−0.266%$57K$26K25xas long as short
BingX SANTOS-USDTshort+0.0100%4h0.5246−0.171%$1.2M
Variational Omni SANTOS+0.0100%4h0.5250−0.101%$174$15as long as short