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

ID

all ID 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 −0.001%
Price spread now: BingX against Bitget−0.026%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$910.913% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.087%+$9 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.026%, 7d avg −0.108%
Together, before fees+0.067%+$7 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 0.082% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IDUSDT0.038060.0100pay 0.0050% / 4h3h 10m$833K$632K50x
ShortBingX ID-USDT0.038050.0100get 0.0050% / 4h3h 10m$2.3M

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
$0
Price spread: −0.026% → −0.108%
$8.16
Slippage, 4 orders
−$69.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$83.1
Costs to cover
0.913%
Break-even
never at this rate
Slippage from Bitget: live order book, 60 min ago; BingX: live order book, 8 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, 60 min ago3.99 bp18.4 bp −$18167.7 bp −$1,677doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago5.28 bp23.8 bp −$2447.8 bp −$478347.4 bp −$34.7K443.7 bp −$221.8K

ID on 11 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
Gate ID_USDT−0.0482%4h0.03800−0.158%$250K$244K25xas long as short
BloFin ID-USDT+0.0050%4h0.03794−0.315%$160K$13K50xas long as short
Aster IDUSDT+0.0100%4h0.03797−0.228%$9K$1475xas long as short
Binance IDUSDT+0.0100%4h0.03799−0.189%$2.5M$3.6M50xas long as short
Bybit IDUSDT+0.0100%8h0.038060.000%$1.4M$1.1M25xas long as short
MEXC ID_USDT+0.0100%4h0.03798−0.210%$448K$171K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03801−0.131%$1.1M$67K30xas long as short
Bitget IDUSDTlong+0.0100%4h0.03806long leg$833K$632K50x
BingX ID-USDTshort+0.0100%4h0.03805−0.026%$2.3M
Variational Omni ID+0.0100%8h0.03798−0.200%$12K$20Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0724%1h0.03798−0.202%$4K$2K10xas long as short