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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.37 per $10,000 · paid last 24h +0.102%
Price spread now: BingX against Bitget+0.148%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1581.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.292%+$29 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.148%, 7d avg +0.013%
Together, before fees+0.210%+$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.135% dearer against Bitget than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.013%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.292%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BUSDT0.20300.1240pay 0.0620% / 4h51m 30s$2.8M$230K10x
ShortBingX B-USDT0.20330.1166get 0.0583% / 4h51m 30s$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
−$15.54
Price spread: +0.148% → +0.013%
$13.49
Slippage, 4 orders
−$135.53
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$159.58
Costs to cover
1.575%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 4 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 Bitget live order book, 1 min ago7.38 bp25.3 bp −$25328.5 bp −$3,285doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago32.03 bp54.8 bp −$55136.5 bp −$1,365825.8 bp −$82.6Kdoesn'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%4h0.2031+0.049%$3.5M$588K20xas long as short
KuCoin BUSDTM+0.0260%4h0.2029−0.059%$1.9M$72K10xas long as short
Bybit BUSDT+0.0624%4h0.2029−0.044%$1.8M$969K13xas long as short
BloFin B-USDT+0.0771%4h0.2034+0.197%$594K$39K20xas long as short
edgeX BUSDC+0.0809%4h0.2031+0.046%$3K$390K5xas long as short
MEXC B_USDT+0.0830%4h0.2032+0.099%$976K$349K100xas long as short
Binance BUSDT+0.0832%4h0.2032+0.099%$11.7M$2.0M20xas long as short
Extended B-USD+0.0832%1h0.2032+0.103%$15K$117K5xas long as short
BingX B-USDTshort+0.1166%4h0.2033+0.148%$1.2M
Bitget BUSDTlong+0.1240%4h0.2030long leg$2.8M$230K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1401%4h0.2033+0.148%$1.9M$210K5xas long as short