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

SATS

all SATS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.005%
Price spread now: OKX against BingX−0.081%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1621.624% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.081%, 7d avg −0.070%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 10000SATS-USDT0.000000012350.0124pay 0.0062% / 4h3h 58m$5.8M
ShortOKX SATS-USDT-SWAP0.000000012340.0119get 0.0119% / 8h3h 58m$821K$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$0.95
Price spread: −0.081% → −0.070%
−$1.09
Slippage, 4 orders
−$142.37
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$164.4
Costs to cover
1.624%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: live order book, 4 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, 2 min ago8.10 bp32.6 bp −$33167.8 bp −$1,678762.8 bp −$76.3Kdoesn't fit
Sell OKX live order book, 4 min ago6.49 bp49.2 bp −$49doesn'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%4h0.00000001234−0.081%$2.2M$5.4M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001234−0.073%$287K$889K13xas long as short
Gate SATS_USDT+0.0100%4h0.00000001233−0.162%$362K$249K25xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001234−0.081%$198K$88K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001234−0.081%$720K$243K25xas long as short
OKX SATS-USDT-SWAPshort+0.0119%8h0.00000001234−0.081%$821K$3.0M10x
MEXC SATS_USDT+0.0122%8h0.000000012350.000%$375K$182K100xas long as short
BingX 10000SATS-USDTlong+0.0124%4h0.00000001235long leg$5.8M