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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.136%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1171.175% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days−0.174%−$17 · spread now +0.136%, 7d avg +0.021%
Together, before fees−0.164%−$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: Binance is 0.116% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATHUSDT0.0054770.0100pay 0.0050% / 4h3h 09m$1.5M$891K25x
ShortBinance ATHUSDT0.0054840.0100get 0.0050% / 4h3h 09m$3.3M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: +0.136% → +0.021%
$11.56
Slippage, 4 orders
−$95.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$105.89
Costs to cover
1.175%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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, 2 min ago8.23 bp30.8 bp −$3198.9 bp −$989doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago2.74 bp38.0 bp −$38110.7 bp −$1,107doesn'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−0.2148%1h0.005480+0.059%$19K$106K10xas long as short
Variational Omni ATH−0.0086%4h0.005463−0.256%$183K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005480+0.055%$11K$585xas long as short
BloFin ATH-USDT+0.0073%4h0.005478+0.018%$164K$68K75xas long as short
Aster ATHUSDT+0.0100%4h0.005483+0.110%$4K$42K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005484+0.136%$3.3M$4.3M50x
Bybit ATHUSDT+0.0100%4h0.005476−0.018%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.0054770.000%$707K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.0054770.000%$784K$598K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005485+0.146%$8.9M$646K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005475−0.037%$553K$77K30xas long as short
Bitget ATHUSDTlong+0.0100%4h0.005477long leg$1.5M$891K25x
BingX ATH-USDT+0.0100%4h0.005481+0.073%$21.4Mas long as short