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

TOWNS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bybit−0.096%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,690as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,733as in the Price arb table
costs, in and out, $10k−$3,71937.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.291%+$29 on $10k
Price spread, last 4 days (all we have)+0.345%+$35 · spread now −0.096%, 7d avg +0.045%
Together, before fees+0.637%+$64 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: BingX is 0.141% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TOWNSUSDT0.0020790.0100pay 0.0050% / 4h0m 47s$381K$116K5x
ShortBingX TOWNS-USDT0.0020770.0100get 0.0050% / 4h0m 47s$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.096% → +0.045%
−$14.09
Slippage, 4 orders
−$3,697.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$3,732.97
Costs to cover
37.189%
Break-even
never at this rate
Slippage from Bybit: live order book, 49 min ago; BingX: live order book, 8 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 Bybit live order book, 49 min ago9.69 bp2431.7 bp −$2,432doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago9.61 bp42.1 bp −$42125.1 bp −$1,2511356.0 bp −$135.6Kdoesn't fit

TOWNS on 12 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
Aster TOWNSUSDT+0.0100%4h0.002075−0.181%$10K$6K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002080+0.048%$2.0M$1.3M10xas long as short
Bybit TOWNSUSDTlong+0.0100%4h0.002079long leg$381K$116K5x
Gate TOWNS_USDT+0.0100%4h0.002078−0.048%$71K$15K10xas long as short
MEXC TOWNS_USDT+0.0100%4h0.002082+0.144%$401K$122K100xas long as short
KuCoin TOWNSUSDTM+0.0100%4h0.002080+0.048%$248K$31K10xas long as short
Bitget TOWNSUSDT+0.0100%4h0.002073−0.289%$339K$38K5xas long as short
BingX TOWNS-USDTshort+0.0100%4h0.002077−0.096%$2.3M
Variational Omni TOWNS+0.0100%4h0.002081+0.103%$194$549as long as short
BloFin TOWNS-USDT+0.0131%4h0.002083+0.192%$132K$4K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTX+0.0816%1h0.002074−0.241%$77K$3K25xas long as short
Deribit TOWNS_USDC-PERPETUAL+0.3598%1h0.002087+0.385%25xas long as short