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

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.83 per $10,000 · paid last 24h −0.369%
Price spread now: Bybit against BingX−0.060%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2312.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.991%−$99 on $10k
Price spread, last 4 days (all we have)−0.628%−$63 · spread now −0.060%, 7d avg −0.155%
Together, before fees−1.619%−$162 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.095% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.155%. Mind the row above: over the last 4 days funding on this pair cost −0.991%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STONK-USDT0.33340.3162pay 0.1581% / 4h22m 24s$913K
ShortBybit STONKUSDT0.33320.3329get 0.1664% / 4h22m 24s$1.6M$6.0M5x

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
$35.01
Price spread: −0.060% → −0.155%
$9.49
Slippage, 4 orders
−$209.9
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$186.4
Costs to cover
2.309%
Break-even
44.3 days
Slippage from BingX: live order book, 37 min ago; Bybit: live order book, 10 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, 37 min ago10.51 bp49.6 bp −$50342.1 bp −$3,4211215.8 bp −$121.6Kdoesn't fit
Sell Bybit live order book, 10 min ago1.50 bp69.0 bp −$69396.3 bp −$3,963doesn't fitdoesn't fit

STONK 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
Bitget STONKUSDT+0.0186%4h0.3323−0.315%$449K$2.0M10xas long as short
MEXC STONK_USDT+0.0190%4h0.3327−0.195%$804K$1.0M20xas long as short
Phoenix STONK+0.1683%1h0.3327−0.210%$209K$135K3xas long as short
Lighter STONK+0.2056%1h0.3344+0.300%$353K$532K5xas long as short
BingX STONK-USDTlong+0.3162%4h0.3334long leg$913K
Bybit STONKUSDTshort+0.3329%4h0.3332−0.060%$1.6M$6.0M5x
Aster STONKUSDT+0.3818%1h0.3331−0.090%$468K$1.1M10xas long as short
BloFin STONK-USDT+0.4287%4h0.3324−0.300%$91K$196K5xas long as short
Gate STONK_USDT+0.4800%4h0.3335+0.027%$963K$2.1M10xas long as short