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

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h +0.007%
Price spread now: Extended against BingX−0.019%7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$339as in the Price arb table
costs, in and out, $10k−$3283.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.019%, 7d avg +0.086%
Together, before fees+0.053%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.105% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.086%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX B-USDT0.20310.1174pay 0.0587% / 4h1h 31m$1.2M
ShortExtended B-USD0.20310.0872get 0.0109% / 1h31m 59s$15K$117K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$63.42
Price spread: −0.019% → +0.086%
−$10.55
Slippage, 4 orders
−$313.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$402.43
Costs to cover
3.285%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Extended: live order book, 48 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 ago32.11 bp57.3 bp −$57225.6 bp −$2,256884.1 bp −$88.4Kdoesn't fit
Sell Extended live order book, 48 min ago10.13 bp149.0 bp −$149doesn'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%4h0.2032+0.049%$3.5M$592K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2030−0.039%$1.9M$71K10xas long as short
edgeX BUSDC+0.0870%4h0.2033+0.088%$3K$392K5xas long as short
Extended B-USDshort+0.0872%1h0.2031−0.019%$15K$117K5x
MEXC B_USDT+0.0874%4h0.2029−0.098%$975K$348K100xas long as short
Binance BUSDT+0.0874%4h0.20310.000%$11.7M$2.0M20xas long as short
BloFin B-USDT+0.0917%4h0.2035+0.197%$594K$39K20xas long as short
Bybit BUSDT+0.0982%4h0.2028−0.158%$1.8M$962K13xas long as short
BingX B-USDTlong+0.1174%4h0.2031long leg$1.2M
Bitget BUSDT+0.1236%4h0.2030−0.049%$2.8M$229K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1376%4h0.2032+0.049%$1.9M$207K5xas long as short