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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0929%/8h= +101.8% APRnext payment +$1.16 per $10,000 · paid last 24h −0.086%
Price spread now: BingX against Binance+0.141%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs+$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$770.769% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.469%+$147 on $10k
Price spread, last 7 days−0.288%−$29 · spread now +0.141%, 7d avg +0.098%
Together, before fees+1.181%+$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONEUSDT0.003985−0.1025get 0.0128% / 1h52m 51s$13.7M$330.7M50x
ShortBingX ONE-USDT0.003990−0.0096pay 0.0012% / 1h52m 51s$5.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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
$195.15
Price spread: +0.141% → +0.098%
$4.28
Slippage, 4 orders
−$56.9
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
$122.53
Costs to cover
0.769%
Break-even
2.6 days
Slippage from Binance: live order book, 6 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 Binance live order book, 6 min ago0.75 bp26.9 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.02 bp18.0 bp −$1857.6 bp −$576469.1 bp −$46.9K1102.7 bp −$551.3K

ONE on 10 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
OKX ONE-USDT-SWAP−5.4061%1h0.005240+31.506%$6.3M$234.0M10xas long as short
Variational Omni ONE−0.6513%1h0.004009+0.612%$99K$49Kas long as short
KuCoin ONEUSDTM−0.2640%1h0.004128+3.596%$3.8M$12.2M30xas long as short
BloFin ONE-USDT−0.1985%1h0.003985+0.010%$790K$2.2M50xas long as short
Bitget ONEUSDT−0.1672%1h0.004013+0.720%$1.9M$31.1M20xas long as short
Aster ONEUSDT−0.1534%1h0.003977−0.198%$2.1M$5.8M5xas long as short
MEXC ONE_USDT−0.1064%1h0.003979−0.133%$11.1M$14.7M20xas long as short
Binance ONEUSDTlong−0.1025%1h0.003985long leg$13.7M$330.7M50x
Gate ONE_USDT−0.0504%8h0.003974−0.269%$1.7M$14.9M20xas long as short
BingX ONE-USDTshort−0.0096%1h0.003990+0.141%$5.5M