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

SATS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Gate against BingX−0.082%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3263.258% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.283%−$28 · spread now −0.082%, 7d avg −0.214%
Together, before fees−0.299%−$30 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: Gate is 0.132% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.214%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 10000SATS-USDT0.000000012260.0100pay 0.0050% / 4h59m 01s$90.8M
ShortGate SATS_USDT0.000000012250.0100get 0.0050% / 4h59m 01s$354K$238K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.082% → −0.214%
$13.19
Slippage, 4 orders
−$300.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$312.61
Costs to cover
3.258%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 16 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, 5 min ago4.08 bp24.6 bp −$25152.5 bp −$1,525701.7 bp −$70.2Kdoesn't fit
Sell Gate live order book, 16 min ago8.24 bp124.3 bp −$124doesn'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
Bitget 1000SATSUSDT−0.0012%4h0.00000001224−0.163%$721K$215K25xas long as short
Binance 1000SATSUSDT+0.0100%4h0.00000001224−0.163%$2.1M$5.1M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001226+0.008%$285K$856K13xas long as short
OKX SATS-USDT-SWAP+0.0100%8h0.00000001226+0.016%$821K$3.0M10xas long as short
Gate SATS_USDTshort+0.0100%4h0.00000001225−0.082%$354K$238K25x
MEXC SATS_USDT+0.0100%8h0.000000012260.000%$358K$177K100xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.000000012260.000%$220K$83K10xas long as short
BingX 10000SATS-USDTlong+0.0100%4h0.00000001226long leg$90.8M