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

YB

all YB markets
SwapBacktest
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 OKX0.000%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now 0.000%, 7d avg +0.093%
Together, before fees+0.162%+$16 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 0.093% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX YB-USDT-SWAP0.088860.0100pay 0.0050% / 4h26m 57s$402K$157K20x
ShortBingX YB-USDT0.088860.0100get 0.0050% / 4h26m 57s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: 0.000% → +0.093%
−$9.33
Slippage, 4 orders
−$169.98
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$199.31
Costs to cover
1.900%
Break-even
never at this rate
Slippage from OKX: live order book, 29 min ago; BingX: live order book, 9 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 OKX live order book, 29 min ago3.96 bp51.5 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.78 bp41.6 bp −$42122.1 bp −$1,221964.2 bp −$96.4K1294.9 bp −$647.4K

YB 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
Binance YBUSDT+0.0100%4h0.08886−0.002%$2.0M$936K20xas long as short
Bybit YBUSDT+0.0100%4h0.08891+0.056%$589K$62K25xas long as short
OKX YB-USDT-SWAPlong+0.0100%4h0.08886long leg$402K$157K20x
Gate YB_USDT+0.0100%4h0.08900+0.158%$102K$17K20xas long as short
MEXC YB_USDT+0.0100%4h0.08880−0.068%$631K$111K50xas long as short
KuCoin YBUSDTM+0.0100%4h0.08890+0.045%$182K$15K20xas long as short
Bitget YBUSDT+0.0100%4h0.08885−0.011%$543K$30K10xas long as short
BingX YB-USDTshort+0.0100%4h0.088860.000%$6.5M
Variational Omni YB+0.0100%4h0.08907+0.241%$911$2Kas long as short
SunX YB-USDT+0.0100%4h0.09080+2.183%$2K$1.2M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster YBUSDT+0.0131%4h0.08902+0.177%$7K$2K5xas long as short
BloFin YB-USDT+0.0132%4h0.08913+0.304%$102K$9K20xas long as short