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

EPIC

all EPIC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0594%/8h= −65.0% APRnext payment $2.97 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Bitget0.000%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg +0.031%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and BingX is 0.031% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget EPICUSDT0.62730.0664pay 0.0332% / 4h3h 57m$5.5M$3.5M10x
ShortBingX EPIC-USDT0.62730.0070get 0.0035% / 4h3h 57m$2.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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
−$124.74
Price spread: 0.000% → +0.031%
−$3.11
Slippage, 4 orders
−$128.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$278.84
Costs to cover
1.510%
Break-even
never at this rate
Slippage from Bitget: live order book, 10 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 Bitget live order book, 10 min ago8.76 bp28.9 bp −$29248.3 bp −$2,483doesn't fitdoesn't fit
Sell BingX live order book, 11 min ago5.58 bp39.0 bp −$39144.5 bp −$1,445610.2 bp −$61.0K821.0 bp −$410.5K

EPIC on 7 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
BingX EPIC-USDTshort+0.0070%4h0.62730.000%$2.6M
Binance EPICUSDT+0.0100%4h0.6254−0.296%$6.4M$26.4M20xas long as short
Bybit EPICUSDT+0.0100%4h0.6261−0.191%$1.4M$5.4M25xas long as short
MEXC EPIC_USDT+0.0100%4h0.6265−0.128%$276K$326K20xas long as short
BloFin EPIC-USDT+0.0114%4h0.6261−0.191%$328K$114K20xas long as short
Bitget EPICUSDTlong+0.0664%4h0.6273long leg$5.5M$3.5M10x
Gate EPIC_USDT+0.1330%4h0.6263−0.159%$541K$1.4M25xas long as short