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

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1177%/8h= +128.9% APRnext payment +$5.89 per $10,000 · paid last 24h +0.717%
Price spread now: BingX against Bitget−0.146%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$1931.935% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+1.223%+$122 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.146%, 7d avg +0.110%
Together, before fees+1.389%+$139 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.257% cheaper against Bitget than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of +0.110%). If the spread goes back, that is −$26 on $10k: about 17 hours of funding at the current rate (+$35 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget STONKUSDT0.37610.0100pay 0.0050% / 4h2h 12m$346K$2.8M10x
ShortBingX STONK-USDT0.37560.1277get 0.0639% / 4h2h 12m$951K

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
$247.21
Price spread: −0.146% → +0.110%
−$25.66
Slippage, 4 orders
−$171.47
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
$28.08
Costs to cover
1.935%
Break-even
6.2 days
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 47 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, 5 min ago15.73 bp41.9 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 47 min ago16.06 bp48.0 bp −$48238.7 bp −$2,3871187.1 bp −$118.7K1406.2 bp −$703.1K

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
MEXC STONK_USDT+0.0100%4h0.3757−0.112%$886K$1.1M20xas long as short
Bitget STONKUSDTlong+0.0100%4h0.3761long leg$346K$2.8M10x
BingX STONK-USDTshort+0.1277%4h0.3756−0.146%$951K
Bybit STONKUSDT+0.1468%4h0.3755−0.173%$1.5M$7.1M5xas long as short
Phoenix STONK+0.1469%1h0.3745−0.436%$193K$231K3xas long as short
BloFin STONK-USDT+0.1541%4h0.3769+0.199%$90K$239K5xas long as short
Gate STONK_USDT+0.2080%4h0.3761−0.021%$887K$1.7M10xas long as short
Aster STONKUSDT+0.3534%1h0.3771+0.252%$494K$1.2M10xas long as short
Lighter STONK+0.7000%1h0.3775+0.351%$436K$686K5xas long as short