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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRnext payment $0.41 per $10,000 · paid last 24h −0.014%
Price spread now: edgeX against BingX+0.020%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1981.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.570%−$57 · spread now +0.020%, 7d avg +0.112%
Together, before fees−0.598%+ Points / potential airdropedgeX: Active · farm board−$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.092% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.112%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B-USDT0.20340.0638pay 0.0319% / 4h1h 33m$1.3M
ShortedgeX BUSDC0.20340.0555get 0.0278% / 4h1h 33m$3K$391K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$17.43
Price spread: +0.020% → +0.112%
−$9.19
Slippage, 4 orders
−$179.26
Fee BingX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$224.87
Costs to cover
1.983%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; edgeX: live order book, 30 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, 12 min ago31.97 bp52.0 bp −$52251.3 bp −$2,513886.5 bp −$88.6Kdoesn't fit
Sell edgeX live order book, 30 min ago9.80 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit

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
Gate B_USDT+0.0100%4h0.2033−0.049%$3.4M$608K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2032−0.074%$1.9M$71K10xas long as short
MEXC B_USDT+0.0534%4h0.20340.000%$984K$363K100xas long as short
Extended B-USD+0.0536%1h0.2033−0.028%$15K$217K5xas long as short
Binance BUSDT+0.0538%4h0.20340.000%$11.7M$1.9M20xas long as short
edgeX BUSDCshort+0.0555%4h0.2034+0.020%$3K$391K5x
BloFin B-USDT+0.0571%4h0.2032−0.098%$602K$39K20xas long as short
Bybit BUSDT+0.0591%4h0.2033−0.039%$1.7M$917K13xas long as short
BingX B-USDTlong+0.0638%4h0.2034long leg$1.3M
Bitget BUSDT+0.0690%4h0.20340.000%$2.8M$244K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1291%4h0.2030−0.216%$1.9M$211K5xas long as short