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

CORE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Gate+0.137%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1661.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.137%, 7d avg +0.126%
Together, before fees+0.195%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.126%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CORE_USDT0.021900.0027pay 0.0027% / 8h46m 37s$156K$165K25x
ShortBingX CORE-USDT0.021930.0151get 0.0151% / 8h46m 37s$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
$26.04
Price spread: +0.137% → +0.126%
$1.13
Slippage, 4 orders
−$141.19
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$139.02
Costs to cover
1.662%
Break-even
44.4 days
Slippage from Gate: live order book, 49 min ago; BingX: live order book, 15 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, 49 min ago11.50 bp51.1 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago6.88 bp23.5 bp −$2461.6 bp −$616973.0 bp −$97.3K1230.5 bp −$615.3K

CORE on 6 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
Variational Omni CORE−0.0272%8h0.02180−0.476%$8K$1Kas long as short
Bybit COREUSDT−0.0064%8h0.02188−0.091%$1.4M$1.0M20xas long as short
Gate CORE_USDTlong+0.0027%8h0.02190long leg$156K$165K25x
OKX CORE-USDT-SWAP+0.0100%8h0.02194+0.183%$1.7M$4.3M20xas long as short
MEXC CORE_USDT+0.0151%8h0.02192+0.091%$823K$210K100xas long as short
BingX CORE-USDTshort+0.0151%8h0.02193+0.137%$1.3M