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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against BingX+0.051%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days+0.038%+$4 · spread now +0.051%, 7d avg +0.096%
Together, before fees−0.002%$0 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: Binance is 0.045% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.019480.0100pay 0.0050% / 4h41m 02s$6.6M
ShortBinance DEEPUSDT0.019490.0100get 0.0050% / 4h41m 02s$2.1M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: +0.051% → +0.096%
−$4.47
Slippage, 4 orders
−$94.62
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$119.09
Costs to cover
1.146%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 12 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 ago7.69 bp28.7 bp −$2984.0 bp −$840664.8 bp −$66.5Kdoesn't fit
Sell Binance live order book, 12 min ago2.56 bp33.1 bp −$33134.0 bp −$1,340doesn't fitdoesn't fit

DEEP on 12 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
Binance DEEPUSDTshort+0.0100%4h0.01949+0.051%$2.1M$6.0M50x
Bybit DEEPUSDT+0.0100%8h0.01945−0.154%$4.2M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01946−0.103%$300K$71K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01949+0.051%$1.0M$453K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01955+0.359%$1.8M$90K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01947−0.051%$825K$556K50xas long as short
BingX DEEP-USDTlong+0.0100%4h0.01948long leg$6.6M
Variational Omni DEEP+0.0100%8h0.01954+0.288%$14K$10Kas long as short
Bluefin DEEP-PERP+0.0100%1h0.01947−0.051%$79K$11K20xas long as short
Extended DEEP-USD+0.0104%1h0.01950+0.100%$3K$249K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0112%8h0.01945−0.154%$134K$30K50xas long as short
Kraken Futures PF_DEEPUSD+0.0632%1h0.01950+0.089%$8K$10K10xas long as short