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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.035%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1201.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.026%−$3 · spread now −0.035%, 7d avg −0.071%
Together, before fees−0.026%−$3 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 0.037% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATHUSDT0.0054760.0100pay 0.0050% / 4h3h 28m$3.3M$4.2M50x
ShortBingX ATH-USDT0.0054740.0100get 0.0050% / 4h3h 28m$21.4M

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: −0.035% → −0.071%
$3.68
Slippage, 4 orders
−$100.12
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$116.44
Costs to cover
1.201%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: 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 Binance live order book, 8 min ago5.46 bp33.0 bp −$33115.2 bp −$1,152doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago6.39 bp28.4 bp −$2872.5 bp −$725570.8 bp −$57.1K908.0 bp −$454.0K

ATH on 13 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
Kraken Futures PF_ATHUSD−0.2152%1h0.005470−0.116%$19K$106K10xas long as short
Variational Omni ATH−0.0090%4h0.005478+0.039%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005481+0.091%$11K$585xas long as short
BloFin ATH-USDT+0.0089%4h0.005484+0.148%$165K$68K75xas long as short
Aster ATHUSDT+0.0100%4h0.005477+0.025%$4K$42K5xas long as short
Binance ATHUSDTlong+0.0100%4h0.005476long leg$3.3M$4.2M50x
Bybit ATHUSDT+0.0100%4h0.005463−0.236%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005462−0.254%$700K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005468−0.144%$783K$588K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005474−0.035%$8.9M$645K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005478+0.038%$553K$78K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005475−0.016%$1.5M$874K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005474−0.035%$21.4M