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

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0453%/8h= +49.6% APRnext payment +$2.27 per $10,000 · paid last 24h −0.724%
Price spread now: BloFin against BingX−0.027%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1591.589% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.931%−$93 on $10k
Price spread, last 3 days (all we have)−0.567%−$57 · spread now −0.027%, 7d avg −0.094%
Together, before fees−1.498%−$150 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BloFin is 0.067% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.094%. Mind the row above: over the last 3 days funding on this pair cost −0.931%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STONK-USDT0.36410.1858pay 0.0929% / 4h52m 43s$949K
ShortBloFin STONK-USDT0.36400.2311get 0.1156% / 4h52m 43s$90K$236K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$95.19
Price spread: −0.027% → −0.094%
$6.69
Slippage, 4 orders
−$136.91
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$57.03
Costs to cover
1.589%
Break-even
11.2 days
Slippage from BingX: live order book, 51 min ago; BloFin: live order book, 18 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, 51 min ago10.72 bp42.7 bp −$43159.6 bp −$1,5961428.9 bp −$142.9Kdoesn't fit
Sell BloFin live order book, 18 min ago6.92 bp39.0 bp −$3999.4 bp −$994doesn't fitdoesn't fit

STONK 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
Bitget STONKUSDT+0.0312%4h0.3642+0.022%$317K$2.8M10xas long as short
Phoenix STONK+0.1347%1h0.3642+0.019%$193K$238K3xas long as short
Gate STONK_USDT+0.1662%4h0.3655+0.376%$868K$1.7M10xas long as short
BingX STONK-USDTlong+0.1858%4h0.3641long leg$949K
Bybit STONKUSDT+0.2045%4h0.3643+0.055%$1.5M$7.0M5xas long as short
BloFin STONK-USDTshort+0.2311%4h0.3640−0.027%$90K$236K5x
Aster STONKUSDT+0.2831%1h0.3655+0.385%$481K$1.1M10xas long as short
MEXC STONK_USDT+0.4932%4h0.3643+0.063%$833K$1.1M20xas long as short
Lighter STONK+0.5608%1h0.3653+0.338%$427K$602K5xas long as short