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

AWE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.0% APRnext payment $0.09 per $10,000 · paid last 24h +0.060%
Price spread now: BingX against BloFin+0.016%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1251.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.016%, 7d avg +0.034%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AWE-USDT0.064130.0119pay 0.0059% / 4h1h 04m$144K$27K40x
ShortBingX AWE-USDT0.064140.0100get 0.0050% / 4h1h 04m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$3.9
Price spread: +0.016% → +0.034%
−$1.88
Slippage, 4 orders
−$103.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$131.16
Costs to cover
1.254%
Break-even
never at this rate
Slippage from BloFin: live order book, 32 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 BloFin live order book, 32 min ago3.90 bp25.3 bp −$2590.5 bp −$905doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago3.90 bp37.1 bp −$3797.6 bp −$976663.8 bp −$66.4K1120.7 bp −$560.4K

AWE on 9 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
Aster AWEUSDT+0.0100%4h0.064130.000%$2K$8K5xas long as short
Binance AWEUSDT+0.0100%4h0.06408−0.078%$2.2M$1.4M40xas long as short
Bybit AWEUSDT+0.0100%4h0.06414+0.016%$536K$225K25xas long as short
MEXC AWE_USDT+0.0100%4h0.06409−0.062%$1.1M$134K20xas long as short
Bitget AWEUSDT+0.0100%4h0.06411−0.030%$446K$266K40xas long as short
BingX AWE-USDTshort+0.0100%4h0.06414+0.016%$6.5M
BloFin AWE-USDTlong+0.0119%4h0.06413long leg$144K$27K40x
KuCoin AWEUSDTM+0.0280%4h0.06411−0.031%$146K$61K20xas long as short
Gate AWE_USDT+0.0790%8h0.06408−0.078%$46K$35K25xas long as short