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

CC

all CC markets
SwapBacktest
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: BingX against Bybit−0.026%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1121.116% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 7 days−0.016%−$2 · spread now −0.026%, 7d avg −0.027%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CCUSDT0.11600.0100pay 0.0050% / 4h1h 31m$10.5M$3.8M25x
ShortBingX CC-USDT0.11590.0100get 0.0050% / 4h1h 31m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.026% → −0.027%
$0.15
Slippage, 4 orders
−$90.61
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$111.46
Costs to cover
1.116%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BingX: 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 Bybit live order book, 2 min ago2.59 bp34.6 bp −$35368.9 bp −$3,689doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago5.61 bp24.6 bp −$2582.3 bp −$823371.5 bp −$37.1K1059.4 bp −$529.7K

CC on 19 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
Injective CC/USDC PERP−0.3951%1h0.1144−1.362%$6K$975.5xas long as short
Gate CC_USDT+0.0060%4h0.1159−0.060%$360K$212K50xas long as short
Paradex CC-USD-PERP+0.0091%8h0.1160+0.011%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1162+0.216%$5.4M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1160−0.011%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1160−0.017%$10.9M$11.1M75xas long as short
Bybit CCUSDTlong+0.0100%4h0.1160long leg$10.5M$3.8M25x
OKX CC-USDT-SWAP+0.0100%4h0.1161+0.103%$2.5M$3.4M20xas long as short
MEXC CC_USDT+0.0100%4h0.1160+0.017%$1.6M$309K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1161+0.060%$492K$115K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1161+0.086%$931K$786K20xas long as short
BingX CC-USDTshort+0.0100%4h0.1159−0.026%$6.6M
Backpack CC_USDC_PERP+0.0100%1h0.1159−0.103%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1160+0.023%$577K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1160−0.018%$87K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1158−0.188%$7K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1158−0.190%$580K$105K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0441% / S −0.0239%1h0.1161+0.091%$43K50xas long as short
Lighter CC+0.1232%1h0.1164+0.379%$233K$152K5xas long as short