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

ARGUS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.3758%/8h= +411.5% APRnext payment +$18.79 per $10,000 · paid last 24h +0.043%
Price spread now: BingX against edgeX−0.003%7-day average −0.502% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.221%+$122 on $10k
Price spread, last 4 days (all we have)−1.406%−$141 · spread now −0.003%, 7d avg −0.502%
Together, before fees−0.185%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$113 a day on $10k at the current rate, and BingX is 0.499% dearer against edgeX than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of −0.502%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 1.221% in total (about 91.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$18.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ARGUSUSDC0.016760.0042pay 0.0021% / 4h3h 26m$5K$159K3x
ShortBingX ARGUS-USDT0.016760.3800get 0.1900% / 4h3h 26m$1.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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
$789.23
Price spread: −0.003% → −0.502%
$49.9
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
$820.13
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: edgeX: live order book, 24 min ago; BingX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 24 min ago54.58 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago17.85 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ARGUS 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
edgeX ARGUSUSDClong+0.0042%4h0.01676long leg$5K$159K3x
Aster ARGUSUSDT+0.0100%1h0.01672−0.242%$39K$54K5xas long as short
Gate ARGUS_USDT+0.0100%4h0.01679+0.176%$158K$211K10xas long as short
BingX ARGUS-USDTshort+0.3800%4h0.01676−0.003%$1.0M
MEXC ARGUS_USDT+0.4000%4h0.01682+0.355%$26K$88K20xas long as short