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

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0155%/8h= −17.0% APRnext payment $0.77 per $10,000 · paid last 24h −0.014%
Price spread now: edgeX against BingX+0.366%55s7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2302.298% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.732%−$73 · spread now +0.366%, 7d avg +0.110%
Together, before fees−0.761%+ Points / potential airdropedgeX: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.256% dearer against BingX than usual: you sell high and buy low (spread +0.366% now, against its 7-day average of +0.110%): +$26 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.028% in total) that is about 2 months. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B-USDT0.20430.0496pay 0.0248% / 4h24m 31s$1.3M
ShortedgeX BUSDC0.20500.0341get 0.0171% / 4h24m 31s$3K$388K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BingX. 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
−$32.52
Price spread: +0.366% → +0.110%
$25.64
Slippage, 4 orders
−$210.81
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$236.7
Costs to cover
2.298%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; edgeX: live order book, 34 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 BingX live order book, 6 min ago33.98 bp74.1 bp −$74402.4 bp −$4,024917.9 bp −$91.8Kdoesn't fit
Sell edgeX live order book, 34 min ago12.24 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.20430.000%$3.5M$628K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2044+0.049%$1.9M$73K10xas long as short
BloFin B-USDT+0.0310%4h0.2055+0.587%$610K$40K20xas long as short
Binance BUSDT+0.0324%4h0.2044+0.073%$11.8M$1.9M20xas long as short
Extended B-USD+0.0328%1h0.2043+0.022%$15K$220K5xas long as short
MEXC B_USDT+0.0330%4h0.2044+0.049%$1.0M$372K100xas long as short
Bybit BUSDT+0.0332%4h0.2041−0.113%$1.7M$923K13xas long as short
edgeX BUSDCshort+0.0341%4h0.2050+0.366%$3K$388K5x
Bitget BUSDT+0.0484%4h0.20430.000%$2.8M$259K10xas long as short
BingX B-USDTlong+0.0496%4h0.2043long leg$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1206%4h0.2042−0.049%$1.9M$211K5xas long as short