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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.041%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1261.257% 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+0.016%+$2 · spread now +0.041%, 7d avg +0.072%
Together, before fees+0.016%+$2 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 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ATH-USDT0.0054670.0100pay 0.0050% / 4h3h 56m$21.3M
ShortBinance ATHUSDT0.0054690.0100get 0.0050% / 4h3h 56m$3.2M$4.3M50x

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: +0.041% → +0.072%
−$3.13
Slippage, 4 orders
−$105.71
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$128.84
Costs to cover
1.257%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: live order book, 11 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, 13 min ago6.39 bp32.6 bp −$3380.2 bp −$802642.4 bp −$64.2K981.6 bp −$490.8K
Sell Binance live order book, 11 min ago1.82 bp31.0 bp −$3189.3 bp −$893doesn't fitdoesn't fit

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−0.1694%1h0.005471+0.080%$17K$109K10xas long as short
Variational Omni ATH−0.0118%4h0.005468+0.023%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005480+0.238%$11K$595xas long as short
BloFin ATH-USDT+0.0093%4h0.0054670.000%$163K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005472+0.099%$4K$42K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005469+0.041%$3.2M$4.3M50x
Bybit ATHUSDT+0.0100%4h0.005458−0.165%$4.3M$2.7M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005456−0.201%$700K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005465−0.037%$780K$600K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005472+0.091%$8.9M$659K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005463−0.073%$548K$79K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005458−0.165%$1.5M$911K25xas long as short
BingX ATH-USDTlong+0.0100%4h0.005467long leg$21.3M