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

ATH

all ATH 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 +0.016%
Price spread now: BingX against Bybit+0.036%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 7 days+0.050%+$5 · spread now +0.036%, 7d avg +0.103%
Together, before fees+0.089%+$9 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 0.066% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.103%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ATHUSDT0.0055330.0100pay 0.0050% / 4h3h 36m$4.4M$2.4M25x
ShortBingX ATH-USDT0.0055350.0100get 0.0050% / 4h3h 36m$21.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.036% → +0.103%
−$6.64
Slippage, 4 orders
−$103.94
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$131.58
Costs to cover
1.249%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 2 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 Bybit live order book, 1 min ago4.53 bp35.0 bp −$35158.6 bp −$1,586doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago4.52 bp29.4 bp −$2984.1 bp −$841564.2 bp −$56.4K955.5 bp −$477.7K

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−0.2813%1h0.005528−0.092%$19K$106K10xas long as short
Variational Omni ATH−0.0034%4h0.005525−0.151%$186K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005545+0.219%$11K$165xas long as short
OKX ATH-USDT-SWAP+0.0068%4h0.005532−0.018%$703K$1.2M20xas long as short
BloFin ATH-USDT+0.0069%4h0.005526−0.127%$171K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005542+0.165%$5K$39K5xas long as short
Binance ATHUSDT+0.0100%4h0.005541+0.142%$3.4M$3.9M50xas long as short
Bybit ATHUSDTlong+0.0100%4h0.005533long leg$4.4M$2.4M25x
Gate ATH_USDT+0.0100%4h0.005534+0.018%$790K$514K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005539+0.108%$8.9M$582K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005532−0.018%$558K$78K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005540+0.127%$1.6M$857K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005535+0.036%$21.4M