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

ACT

all ACT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.07 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against OKX−0.027%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1341.344% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 7 days+0.135%+$14 · spread now −0.027%, 7d avg −0.008%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ACT-USDT-SWAP0.011100.0201pay 0.0100% / 4h22m 59s$793K$1.5M10x
ShortBingX ACT-USDT0.011090.0186get 0.0093% / 4h22m 59s$1.3M

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
−$3.07
Price spread: −0.027% → −0.008%
−$1.93
Slippage, 4 orders
−$114.45
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$139.45
Costs to cover
1.344%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 7 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, 4 min ago0.45 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago4.95 bp35.4 bp −$35181.0 bp −$1,810702.4 bp −$70.2K1030.9 bp −$515.4K

ACT on 7 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 ACTUSDT+0.0100%4h0.01108−0.100%$2.1M$2.3M10xas long as short
Gate ACT_USDT+0.0100%4h0.01109−0.045%$159K$95K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01108−0.099%$6.5M$113K20xas long as short
Bitget ACTUSDT+0.0100%4h0.01109−0.045%$268K$91K10xas long as short
Bybit ACTUSDT+0.0147%4h0.01111+0.144%$627K$437K25xas long as short
BingX ACT-USDTshort+0.0186%4h0.01109−0.027%$1.3M
OKX ACT-USDT-SWAPlong+0.0201%4h0.01110long leg$793K$1.5M10x