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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.87 per $10,000 · paid last 24h +0.024%
Price spread now: BingX against Binance−0.049%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2082.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 7 days−0.019%−$2 · spread now −0.049%, 7d avg −0.078%
Together, before fees+0.018%+$2 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 BingX is 0.028% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BUSDT0.20220.0364pay 0.0182% / 4h2h 14m$11.7M$2.0M20x
ShortBingX B-USDT0.20210.0538get 0.0269% / 4h2h 14m$1.3M

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
$36.58
Price spread: −0.049% → −0.078%
$2.85
Slippage, 4 orders
−$187.79
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$168.36
Costs to cover
2.078%
Break-even
39.2 days
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 13 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, 10 min ago2.51 bp34.9 bp −$35509.1 bp −$5,09111000.2 bp −$1.10Mdoesn't fit
Sell BingX live order book, 13 min ago32.52 bp67.0 bp −$67163.3 bp −$1,633745.9 bp −$74.6K1155.4 bp −$577.7K

B on 11 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
Bybit BUSDT+0.0100%4h0.2022+0.015%$1.8M$978K13xas long as short
Gate B_USDT+0.0100%4h0.2011−0.544%$3.4M$637K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2017−0.242%$1.9M$80K10xas long as short
edgeX BUSDC+0.0351%4h0.2010−0.615%$3K$390K5xas long as short
Extended B-USD+0.0360%1h0.2014−0.392%$15K$197K5xas long as short
MEXC B_USDT+0.0360%4h0.2017−0.247%$978K$378K100xas long as short
Binance BUSDTlong+0.0364%4h0.2022long leg$11.7M$2.0M20x
BloFin B-USDT+0.0369%4h0.2012−0.495%$596K$37K20xas long as short
BingX B-USDTshort+0.0538%4h0.2021−0.049%$1.3M
Bitget BUSDT+0.0606%4h0.2026+0.198%$2.7M$334K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1050%4h0.2023+0.047%$1.9M$224K5xas long as short