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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.2% APRnext payment $0.60 per $10,000 · paid last 24h −0.117%
Price spread now: Bybit against BingX+0.081%7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1441.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.320%−$32 on $10k
Price spread, last 7 days−0.212%−$21 · spread now +0.081%, 7d avg −0.086%
Together, before fees−0.532%−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.167% dearer against BingX than usual: you sell high and buy low (spread +0.081% now, against its 7-day average of −0.086%): +$17 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B2-USDT0.49480.1442pay 0.0721% / 4h2h 27m$1.4M
ShortBybit B2USDT0.49520.1322get 0.0661% / 4h2h 27m$1.5M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$25.3
Price spread: +0.081% → −0.086%
$16.72
Slippage, 4 orders
−$122.53
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$152.11
Costs to cover
1.435%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 5 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, 10 min ago7.09 bp31.0 bp −$31112.0 bp −$1,120doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago4.07 bp37.8 bp −$38334.2 bp −$3,342doesn't fitdoesn't fit

B2 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
MEXC B2_USDT+0.0984%4h0.4953+0.101%$563K$561K100xas long as short
Binance B2USDT+0.0996%4h0.4954+0.121%$7.9M$13.2M50xas long as short
Aster B2USDT+0.1014%4h0.4946−0.050%$155K$186K5xas long as short
Bybit B2USDTshort+0.1322%4h0.4952+0.081%$1.5M$2.8M20x
BingX B2-USDTlong+0.1442%4h0.4948long leg$1.4M
Bitget B2USDT+0.1534%4h0.4950+0.040%$2.8M$1.4M50xas long as short
Variational Omni B2+0.1830%4h0.4916−0.651%$14K$2Kas long as short
KuCoin B2USDTM+0.1998%4h0.4954+0.121%$1.1M$318K50xas long as short
Gate B2_USDT+0.2904%4h0.4939−0.182%$866K$441K20xas long as short