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

TST

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.11 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against BingX+0.009%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1521.518% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.027%+$3 on $10k
Price spread, last 7 days+0.002%$0 · spread now +0.009%, 7d avg +0.018%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX TST-USDT0.017750.0448pay 0.0224% / 4h2h 42m$1.3M
ShortBinance TSTUSDT0.017750.0427get 0.0214% / 4h2h 42m$3.3M$6.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$4.44
Price spread: +0.009% → +0.018%
−$0.93
Slippage, 4 orders
−$131.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$157.14
Costs to cover
1.518%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 10 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, 8 min ago11.18 bp43.0 bp −$43139.0 bp −$1,390744.7 bp −$74.5K1099.5 bp −$549.7K
Sell Binance live order book, 10 min ago8.47 bp35.3 bp −$35184.1 bp −$1,841doesn't fitdoesn't fit

TST on 5 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 TSTUSDT+0.0183%4h0.01775−0.013%$15K$13K5xas long as short
Extended TST-USD+0.0424%1h0.01775+0.011%$7K$196K5xas long as short
Binance TSTUSDTshort+0.0427%4h0.01775+0.009%$3.3M$6.8M20x
MEXC TST_USDT+0.0440%4h0.01776+0.056%$547K$166K50xas long as short
BingX TST-USDTlong+0.0448%4h0.01775long leg$1.3M