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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Binance+0.018%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1091.091% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 7 days−0.151%−$15 · spread now +0.018%, 7d avg −0.097%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.115% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance DEEPUSDT0.019500.0100pay 0.0050% / 4h3h 10m$2.1M$6.1M50x
ShortBingX DEEP-USDT0.019500.0100get 0.0050% / 4h3h 10m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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: +0.018% → −0.097%
$11.54
Slippage, 4 orders
−$89.1
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.56
Costs to cover
1.091%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 11 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 Binance live order book, 13 min ago2.55 bp26.3 bp −$26117.6 bp −$1,176doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago7.63 bp31.5 bp −$3288.7 bp −$887575.0 bp −$57.5K1039.2 bp −$519.6K

DEEP on 12 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
Bluefin DEEP-PERP−0.6077%1h0.01946−0.187%$79K$11K20xas long as short
BloFin DEEP-USDT+0.0081%8h0.01948−0.084%$135K$32K50xas long as short
Binance DEEPUSDTlong+0.0100%4h0.01950long leg$2.1M$6.1M50x
Bybit DEEPUSDT+0.0100%8h0.01946−0.187%$4.2M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01950+0.018%$302K$89K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01951+0.070%$1.0M$468K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01952+0.121%$1.8M$93K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01952+0.121%$810K$578K50xas long as short
BingX DEEP-USDTshort+0.0100%4h0.01950+0.018%$6.6M
Variational Omni DEEP+0.0100%8h0.01944−0.282%$12K$9Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended DEEP-USD+0.0104%1h0.01951+0.078%$3K$224K5xas long as short
Kraken Futures PF_DEEPUSD+0.2242%1h0.01952+0.113%$7K$9K10xas long as short