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

W

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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 0.000%
Price spread now: BingX against Binance−0.034%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days−0.024%−$2 · spread now −0.034%, 7d avg −0.045%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance WUSDT0.011790.0100pay 0.0050% / 4h2h 09m$3.0M$6.6M50x
ShortBingX W-USDT0.011780.0100get 0.0050% / 4h2h 09m$6.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.034% → −0.045%
$1.09
Slippage, 4 orders
−$81.79
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$100.7
Costs to cover
1.018%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 13 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, 14 min ago1.27 bp27.8 bp −$28140.5 bp −$1,405doesn't fitdoesn't fit
Sell BingX live order book, 13 min ago4.64 bp24.3 bp −$2460.8 bp −$608565.2 bp −$56.5K1173.4 bp −$586.7K

W on 17 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
Deribit W_USDC-PERPETUAL−0.0173%1h0.01180+0.127%$16K$2K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.562%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01178−0.068%$2.0M$384K5xas long as short
Binance WUSDTlong+0.0100%4h0.01179long leg$3.0M$6.6M50x
Bybit WUSDT+0.0100%4h0.01177−0.119%$4.1M$1.9M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01178−0.102%$1.3M$1.9M20xas long as short
Gate W_USDT+0.0100%4h0.01179+0.059%$445K$265K75xas long as short
MEXC W_USDT+0.0100%4h0.01179+0.017%$12.8M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01180+0.102%$422K$194K50xas long as short
Bitget WUSDT+0.0100%4h0.01180+0.102%$1.3M$575K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDTshort+0.0100%4h0.01178−0.034%$6.9M
Variational Omni W+0.0100%4h0.01181+0.152%$71K$41Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01183+0.347%$129K$413K10xas long as short
Extended W-USD+0.0104%1h0.01179+0.043%$60K$236K5xas long as short
Coinbase International W-PERP-INTX+0.0360%1h0.01183+0.348%$14K$16K50xas long as short
Backpack W_USDC_PERP+0.0429%1h0.01182+0.246%$44K$47K15xas long as short
Kraken Futures PF_WUSD+0.1538%1h0.01183+0.323%$147K$180K20xas long as short