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

SIREN

all SIREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0212%/8h= −23.2% APRnext payment $1.06 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against Binance+0.657%7-day average +0.540% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1281.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.288%−$29 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.657%, 7d avg +0.540%
Together, before fees−0.412%−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.117% dearer against Binance than usual: you sell high and buy low (spread +0.657% now, against its 7-day average of +0.540%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 44 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SIRENUSDT0.024350.1022pay 0.0511% / 4h3h 12m$8.4M$3.5M10x
ShortBitget SIRENUSDT0.024510.0810get 0.0405% / 4h3h 12m$2.8M$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$44.57
Price spread: +0.657% → +0.540%
$11.66
Slippage, 4 orders
−$105.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$160.54
Costs to cover
1.276%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 5 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, 11 min ago2.06 bp35.0 bp −$35184.6 bp −$1,846doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago8.16 bp26.3 bp −$26466.8 bp −$4,668doesn't fitdoesn't fit

SIREN on 9 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
Bybit SIRENUSDT−0.3135%4h0.02470+1.437%$1.9M$2.7M5xas long as short
SunX SIREN-USDT+0.0100%4h0.02438+0.123%$2K$1.1M20xas long as short
Bitget SIRENUSDTshort+0.0810%4h0.02451+0.657%$2.8M$1.4M10x
Aster SIRENUSDT+0.0965%4h0.02435−0.020%$214K$81K5xas long as short
BingX SIREN-USDT+0.0974%4h0.02438+0.123%$2.3Mas long as short
MEXC SIREN_USDT+0.1006%4h0.02434−0.041%$695K$130K100xas long as short
Binance SIRENUSDTlong+0.1022%4h0.02435long leg$8.4M$3.5M10x
KuCoin SIRENUSDTM+0.1342%4h0.02436+0.041%$996K$431K10xas long as short
Gate SIREN_USDT+0.2392%4h0.02431−0.164%$571K$207K10xas long as short