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

STONK

all STONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0494%/8h= −54.1% APRnext payment $2.47 per $10,000 · paid last 24h −0.143%
Price spread now: Bybit against Gate0.000%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3173.169% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.537%+$54 on $10k
Price spread, last 4 days (all we have)−0.096%−$10 · spread now 0.000%, 7d avg −0.052%
Together, before fees+0.441%+$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.052% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.052%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 4 days funding on this pair paid +0.537%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate STONK_USDT0.37530.1818pay 0.0909% / 4h2h 20m$887K$1.7M10x
ShortBybit STONKUSDT0.37530.1324get 0.0662% / 4h2h 20m$1.5M$7.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
−$103.73
Price spread: 0.000% → −0.052%
$5.2
Slippage, 4 orders
−$290.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$415.41
Costs to cover
3.169%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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 Gate live order book, 2 min ago17.97 bp104.8 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago9.33 bp50.3 bp −$50269.6 bp −$2,696doesn't fitdoesn't fit

STONK on 9 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
MEXC STONK_USDT+0.0100%4h0.3756+0.069%$886K$1.1M20xas long as short
Bitget STONKUSDT+0.0100%4h0.3756+0.085%$345K$2.8M10xas long as short
BloFin STONK-USDT+0.1196%4h0.3747−0.160%$90K$238K5xas long as short
Bybit STONKUSDTshort+0.1324%4h0.37530.000%$1.5M$7.1M5x
Phoenix STONK+0.1469%1h0.3744−0.248%$193K$231K3xas long as short
Gate STONK_USDTlong+0.1818%4h0.3753long leg$887K$1.7M10x
Aster STONKUSDT+0.2450%1h0.3759+0.160%$492K$1.2M10xas long as short
BingX STONK-USDT+0.3824%4h0.3756+0.080%$952Kas long as short
Lighter STONK+0.7216%1h0.3767+0.378%$435K$683K5xas long as short