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

BASED

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.089%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1691.688% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.053%−$5 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.089%, 7d avg −0.083%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BASED-USDT0.067140.0100pay 0.0050% / 4h2h 57m$1.6M
ShortBybit BASEDUSDT0.067080.0100get 0.0050% / 4h2h 57m$2.1M$575K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.089% → −0.083%
−$0.62
Slippage, 4 orders
−$147.8
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$169.42
Costs to cover
1.688%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago2.98 bp20.7 bp −$2176.5 bp −$765doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.98 bp77.9 bp −$78905.4 bp −$9,054doesn't fitdoesn't fit

BASED on 15 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
Aster BASEDUSDT+0.0100%4h0.06719+0.074%$28K$6K5xas long as short
Binance BASEDUSDT+0.0100%4h0.06719+0.081%$4.1M$2.9M25xas long as short
Bybit BASEDUSDTshort+0.0100%4h0.06708−0.089%$2.1M$575K25x
OKX BASED-USDT-SWAP+0.0100%4h0.06710−0.060%$2.6M$3.3M20xas long as short
Gate BASED_USDT+0.0100%4h0.06717+0.045%$534K$507K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06719+0.074%$4.8M$643K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06715+0.015%$566K$109K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06726+0.179%$1.3M$362K25xas long as short
BingX BASED-USDTlong+0.0100%4h0.06714long leg$1.6M
Variational Omni BASED+0.0100%4h0.06718+0.054%$92K$21Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06729+0.223%$93K$379K10xas long as short
SunX BASED-USDT+0.0100%4h0.06713−0.015%$1K$790K20xas long as short
Extended BASED-USD+0.0104%1h0.06719+0.069%$5K$226K5xas long as short
BloFin BASED-USDT+0.0133%4h0.06727+0.194%$211K$37K25xas long as short
Orderly PERP_BASED_USDC+0.0239%4h0.06719+0.074%$3K$74510xas long as short