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

4STOCK

all 4STOCK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin0.000%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2452.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+1.204%+$120 · spread now 0.000%, 7d avg −0.078%
Together, before fees+1.215%+$121 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.078% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin 4STOCK-USDT0.010050.0051pay 0.0025% / 4h2h 50m$87K$113K10x
ShortMEXC 4STOCK_USDT0.010050.0100get 0.0050% / 4h2h 50m$609K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
$10.37
Price spread: 0.000% → −0.078%
$7.81
Slippage, 4 orders
−$212.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 10 bp × 2 orders
−$20
Net
−$226.47
Costs to cover
2.447%
Break-even
159.8 days
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 5 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 BloFin live order book, 28 min ago4.94 bp28.5 bp −$29333.2 bp −$3,332doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago9.92 bp59.6 bp −$60226.4 bp −$2,264721.3 bp −$72.1Kdoesn't fit

4STOCK on 7 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
BloFin 4STOCK-USDTlong+0.0051%4h0.01005long leg$87K$113K10x
Bybit 4STOCKUSDT+0.0100%4h0.010050.000%$2.2M$5.9M10xas long as short
Gate 4STOCK_USDT+0.0100%4h0.01013+0.796%$570K$876K10xas long as short
MEXC 4STOCK_USDTshort+0.0100%4h0.010050.000%$609K$1.2M20x
BingX 4STOCK-USDT+0.0100%4h0.010050.000%$1.0Mas long as short
edgeX 4STOCKUSDC+0.0100%4h0.01008+0.264%$2K$75K5xas long as short
Aster 4STOCKUSDT+0.1077%1h0.01009+0.438%$38K$58K5xas long as short