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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bybit0.000%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$880.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.039%+$104 on $10k
Price spread, last 7 days+0.111%+$11 · spread now 0.000%, 7d avg −0.011%
Together, before fees+1.149%+$115 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0036840.0100pay 0.0050% / 4h2h 22m$2.3M$2.2M25x
ShortBingX F-USDT0.0036840.0100get 0.0050% / 4h2h 22m$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: 0.000% → −0.011%
$1.15
Slippage, 4 orders
−$66.79
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$86.64
Costs to cover
0.878%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago2.71 bp21.8 bp −$22189.1 bp −$1,891doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago4.07 bp20.5 bp −$2156.9 bp −$569693.2 bp −$69.3K1152.8 bp −$576.4K

F on 10 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
OKX F-USDT-SWAP−0.0048%4h0.003680−0.109%$724K$2.2M20xas long as short
Gate F_USDT+0.0071%8h0.003686+0.054%$152K$1.4M25xas long as short
Aster FUSDT+0.0100%4h0.003686+0.046%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.003684+0.008%$3.9M$6.4M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003684long leg$2.3M$2.2M25x
MEXC F_USDT+0.0100%4h0.0036840.000%$634K$173K50xas long as short
KuCoin FUSDTM+0.0100%4h0.003688+0.109%$752K$1.2M30xas long as short
Bitget FUSDT+0.0100%4h0.0036840.000%$485K$815K50xas long as short
BingX F-USDTshort+0.0100%4h0.0036840.000%$6.6M
Variational Omni F+0.0100%4h0.003688+0.119%$702$386as long as short