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

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment $1.37 per $10,000 · paid last 24h +0.780%
Price spread now: BingX against BloFin+0.027%81s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1861.864% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.987%+$99 on $10k
Price spread, last 4 days (all we have)+1.597%+$160 · spread now +0.027%, 7d avg +0.096%
Together, before fees+2.584%+$258 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BingX is 0.069% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.987%, so the current rate has only just turned against you. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STONK-USDT0.37140.0374pay 0.0187% / 4h1h 13m$91K$225K5x
ShortBingX STONK-USDT0.37150.0100get 0.0050% / 4h1h 13m$913K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$57.6
Price spread: +0.027% → +0.096%
−$6.86
Slippage, 4 orders
−$164.4
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$250.86
Costs to cover
1.864%
Break-even
never at this rate
Slippage from BloFin: live order book, 24 min ago; BingX: live order book, 45 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 BloFin live order book, 24 min ago4.05 bp62.2 bp −$62196.8 bp −$1,968doesn't fitdoesn't fit
Sell BingX live order book, 45 min ago6.71 bp43.3 bp −$43225.4 bp −$2,254989.4 bp −$98.9K1255.6 bp −$627.8K

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
Bybit STONKUSDT+0.0100%4h0.3719+0.135%$1.7M$6.4M5xas long as short
Bitget STONKUSDT+0.0100%4h0.3711−0.092%$374K$2.3M10xas long as short
BingX STONK-USDTshort+0.0100%4h0.3715+0.027%$913K
MEXC STONK_USDT+0.0372%4h0.3714−0.008%$868K$1.0M20xas long as short
BloFin STONK-USDTlong+0.0374%4h0.3714long leg$91K$225K5x
Aster STONKUSDT+0.0618%1h0.3715+0.027%$511K$1.1M10xas long as short
Phoenix STONK+0.0793%1h0.3724+0.280%$214K$256K3xas long as short
Gate STONK_USDT+0.1344%4h0.3719+0.135%$954K$1.8M10xas long as short
Lighter STONK+0.4400%1h0.3738+0.638%$445K$540K5xas long as short