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

4

all 4 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 −0.001%
Price spread now: Binance against MEXC−0.005%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.012%−$1 · spread now −0.005%, 7d avg +0.005%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.020270.0436pay 0.0218% / 4h58m 45s$1.7M$947K100x
ShortBinance 4USDT0.020270.0436get 0.0218% / 4h58m 45s$8.0M$14.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.04
Price spread: −0.005% → +0.005%
−$0.97
Slippage, 4 orders
−$72.14
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$87.07
Costs to cover
0.861%
Break-even
14519.1 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 12 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 MEXC live order book, 3 min ago4.93 bp16.5 bp −$1799.1 bp −$991250.6 bp −$25.1Kdoesn't fit
Sell Binance live order book, 12 min ago2.70 bp24.8 bp −$25155.3 bp −$1,553doesn't fitdoesn't fit

4 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
Variational Omni 4+0.0100%4h0.02026−0.050%$46K$9Kas long as short
SunX 4-USDT+0.0100%4h0.020270.000%$2K$1.5M20xas long as short
Bybit 4USDT+0.0101%4h0.02024−0.148%$2.7M$2.1M5xas long as short
Aster 4USDT+0.0251%4h0.02028+0.043%$240K$115K5xas long as short
BingX 4-USDT+0.0430%4h0.02029+0.089%$1.4Mas long as short
MEXC 4_USDTlong+0.0436%4h0.02027long leg$1.7M$947K100x
Binance 4USDTshort+0.0436%4h0.02027−0.005%$8.0M$14.0M20x
KuCoin 4USDTM+0.0496%4h0.02023−0.197%$889K$12.7M20xas long as short
Gate 4_USDT+0.0584%4h0.02028+0.059%$556K$326K20xas long as short