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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.152%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.155%+$16 · spread now −0.152%, 7d avg −0.067%
Together, before fees+0.155%+$16 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: BingX is 0.085% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATHUSDT0.0056270.0100pay 0.0050% / 4h2h 22m$3.4M$3.9M50x
ShortBingX ATH-USDT0.0056180.0100get 0.0050% / 4h2h 22m$21.7M

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
$0
Price spread: −0.152% → −0.067%
−$8.46
Slippage, 4 orders
−$107.49
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$135.94
Costs to cover
1.275%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 1 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, 14 min ago2.69 bp33.0 bp −$33123.7 bp −$1,237doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago6.22 bp29.4 bp −$2967.8 bp −$678561.1 bp −$56.1K1036.0 bp −$518.0K

ATH on 13 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
Kraken Futures PF_ATHUSD−0.3490%1h0.005613−0.234%$20K$107K10xas long as short
Variational Omni ATH−0.0146%4h0.005626−0.013%$189K$94Kas long as short
dYdX ATH-USD0.0000%1h0.005640+0.235%$11K$165xas long as short
OKX ATH-USDT-SWAP+0.0039%4h0.005611−0.276%$721K$1.3M20xas long as short
Aster ATHUSDT+0.0100%4h0.005623−0.067%$7K$34K5xas long as short
Binance ATHUSDTlong+0.0100%4h0.005627long leg$3.4M$3.9M50x
Bybit ATHUSDT+0.0100%4h0.005617−0.170%$4.5M$2.3M25xas long as short
Gate ATH_USDT+0.0100%4h0.005616−0.187%$805K$530K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005627+0.008%$9.0M$665K50xas long as short
KuCoin ATHUSDTM+0.0100%4h0.005616−0.187%$564K$84K30xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.005627+0.008%$1.6M$805K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005618−0.152%$21.7M
BloFin ATH-USDT+0.0145%4h0.005635+0.150%$174K$62K75xas long as short