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

GMT

all GMT 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 +0.003%
Price spread now: BingX against Binance+0.012%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1061.063% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.069%+$7 on $10k
Price spread, last 7 days+0.035%+$4 · spread now +0.012%, 7d avg −0.001%
Together, before fees+0.104%+$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMTUSDT0.0084610.0100pay 0.0050% / 4h39m 12s$2.8M$5.4M50x
ShortBingX GMT-USDT0.0084620.0100get 0.0050% / 4h39m 12s$1.3M

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: +0.012% → −0.001%
$1.27
Slippage, 4 orders
−$86.25
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$104.98
Costs to cover
1.063%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 6 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 ago1.18 bp23.3 bp −$23155.1 bp −$1,551doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago5.88 bp28.0 bp −$2877.3 bp −$773544.2 bp −$54.4K974.3 bp −$487.2K

GMT 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
Kraken Futures PF_GMTUSD−0.1285%1h0.008461+0.004%$43K$13K20xas long as short
Variational Omni GMT−0.0212%8h0.008501+0.471%$4K$6Kas long as short
Bybit GMTUSDT−0.0183%8h0.008462+0.012%$1.1M$2.1M50xas long as short
KuCoin GMTUSDTM−0.0112%4h0.008470+0.106%$256K$185K50xas long as short
OKX GMT-USDT-SWAP+0.0024%4h0.008451−0.118%$386K$1.2M20xas long as short
Hyperliquid GMT+0.0100%1h0.008465+0.047%$112K$141K3xas long as short
Aster GMTUSDT+0.0100%4h0.008463+0.028%$7K$23K10xas long as short
Binance GMTUSDTlong+0.0100%4h0.008461long leg$2.8M$5.4M50x
Gate GMT_USDT+0.0100%8h0.008480+0.225%$146K$177K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008457−0.047%$443K$217K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008462+0.012%$673K$630K50xas long as short
BingX GMT-USDTshort+0.0100%4h0.008462+0.012%$1.3M