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

SATS

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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 −0.012%
Price spread now: Bybit against BingX+0.032%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1891.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.357%+$36 · spread now +0.032%, 7d avg −0.018%
Together, before fees+0.345%+$35 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: Bybit is 0.051% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 10000SATS-USDT0.000000012320.0100pay 0.0050% / 4h1h 43m$90.3M
ShortBybit 10000SATSUSDT0.000000012320.0100get 0.0050% / 4h1h 43m$285K$876K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.032% → −0.018%
$5.07
Slippage, 4 orders
−$168.5
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$184.43
Costs to cover
1.895%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Bybit: live order book, 17 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, 11 min ago8.15 bp28.5 bp −$28106.7 bp −$1,067745.1 bp −$74.5Kdoesn't fit
Sell Bybit live order book, 17 min ago5.69 bp62.5 bp −$62doesn't fitdoesn't fitdoesn't fit

SATS on 8 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 1000SATSUSDT+0.0100%4h0.00000001231−0.081%$2.2M$5.3M25xas long as short
Bybit 10000SATSUSDTshort+0.0100%4h0.00000001232+0.032%$285K$876K13x
OKX SATS-USDT-SWAP+0.0100%8h0.00000001234+0.162%$825K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001230−0.162%$361K$244K25xas long as short
MEXC SATS_USDT+0.0100%8h0.000000012320.000%$376K$183K100xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001227−0.406%$202K$87K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001233+0.081%$722K$238K25xas long as short
BingX 10000SATS-USDTlong+0.0100%4h0.00000001232long leg$90.3M