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

TOSHI

all TOSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.215%7-day average +0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.360%+$36 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.215%, 7d avg +0.165%
Together, before fees+0.458%+$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.165%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TOSHIUSDT0.00012580.0100pay 0.0050% / 4h2h 40m$1.1M$1.6M50x
ShortBybit 1000TOSHIUSDT0.00012610.0100get 0.0050% / 4h2h 40m$681K$468K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.215% → +0.165%
$5
Slippage, 4 orders
−$114.83
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$130.83
Costs to cover
1.358%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 44 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, 8 min ago3.96 bp30.0 bp −$30266.3 bp −$2,66345930.7 bp −$4.59Mdoesn't fit
Sell Bybit live order book, 44 min ago7.91 bp35.1 bp −$35338.9 bp −$3,389doesn't fitdoesn't fit

TOSHI 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
BloFin TOSHI-USDT+0.0059%4h0.0001260+0.151%$73K$14K50xas long as short
Aster TOSHIUSDT+0.0100%4h0.0001257−0.103%$49K$22K5xas long as short
Binance TOSHIUSDTlong+0.0100%4h0.0001258long leg$1.1M$1.6M50x
Bybit 1000TOSHIUSDTshort+0.0100%4h0.0001261+0.215%$681K$468K25x
Gate TOSHI_USDT+0.0100%8h0.0001256−0.167%$156K$39K50xas long as short
MEXC TOSHI_USDT+0.0100%4h0.0001257−0.087%$595K$147K50xas long as short
KuCoin TOSHIUSDTM+0.0100%4h0.0001259+0.087%$141K$20K30xas long as short
Bitget TOSHIUSDT+0.0334%4h0.0001260+0.151%$533K$420K20xas long as short
BingX TOSHI-USDT+0.0348%4h0.0001260+0.151%$6.5Mas long as short