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+0.0570%/8h= +62.4% APRnext payment +$2.85 per $10,000 · paid last 24h +0.186%
Price spread now: BingX against Gate+0.049%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3113.111% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.422%+$42 on $10k
Price spread, last 7 days+0.123%+$12 · spread now +0.049%, 7d avg +0.107%
Together, before fees+0.545%+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.057% cheaper against Gate than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.107%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.422% in total) that is about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate B_USDT0.20370.0100pay 0.0050% / 4h1h 36m$3.5M$637K20x
ShortBingX B-USDT0.20380.0670get 0.0335% / 4h1h 36m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$119.7
Price spread: +0.049% → +0.107%
−$5.75
Slippage, 4 orders
−$286.15
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$197.19
Costs to cover
3.111%
Break-even
18.5 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 9 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 Gate live order book, 2 min ago7.37 bp75.8 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago34.30 bp66.0 bp −$66199.2 bp −$1,992876.3 bp −$87.6Kdoesn'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
Bybit BUSDT+0.0100%4h0.2037+0.015%$1.7M$1.0M13xas long as short
Gate B_USDTlong+0.0100%4h0.2037long leg$3.5M$637K20x
KuCoin BUSDTM+0.0100%4h0.2036−0.059%$1.9M$80K10xas long as short
edgeX BUSDC+0.0335%4h0.2040+0.149%$3K$387K5xas long as short
Extended B-USD+0.0344%1h0.2038+0.029%$18K$198K5xas long as short
MEXC B_USDT+0.0344%4h0.20370.000%$990K$377K100xas long as short
Binance BUSDT+0.0344%4h0.2038+0.063%$11.8M$2.0M20xas long as short
BloFin B-USDT+0.0394%4h0.2042+0.245%$609K$38K20xas long as short
BingX B-USDTshort+0.0670%4h0.2038+0.049%$1.3M
Bitget BUSDT+0.0712%4h0.20370.000%$2.8M$360K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1073%4h0.2039+0.085%$1.9M$221K5xas long as short