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: BingX against OKX+0.081%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as 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
LongOKX SATS-USDT-SWAP0.000000012340.0119pay 0.0119% / 8h3h 58m$821K$3.0M10x
ShortBingX 10000SATS-USDT0.000000012350.0124get 0.0062% / 4h3h 58m$5.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$160.33
Costs to cover
1.624%
Break-even
1193.3 days
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 2 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 OKX live order book, 4 min ago6.49 bp48.1 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago8.10 bp32.6 bp −$33124.2 bp −$1,242712.4 bp −$71.2Kdoesn'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%4h0.000000012340.000%$2.2M$5.4M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001234+0.008%$287K$889K13xas long as short
Gate SATS_USDT+0.0100%4h0.00000001233−0.081%$362K$249K25xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.000000012340.000%$198K$88K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.000000012340.000%$720K$243K25xas long as short
OKX SATS-USDT-SWAPlong+0.0119%8h0.00000001234long leg$821K$3.0M10x
MEXC SATS_USDT+0.0122%8h0.00000001235+0.081%$375K$182K100xas long as short
BingX 10000SATS-USDTshort+0.0124%4h0.00000001235+0.081%$5.8M