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

A

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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 0.000%
Price spread now: MEXC against BingX+0.032%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 7 days−0.036%−$4 · spread now +0.032%, 7d avg 0.000%
Together, before fees−0.081%−$8 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: MEXC is 0.032% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX A-USDT0.093550.0100pay 0.0050% / 4h3h 18m$6.5M
ShortMEXC A_USDT0.093580.0100get 0.0050% / 4h3h 18m$4.1M$142K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: +0.032% → 0.000%
$3.21
Slippage, 4 orders
−$99.58
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$110.37
Costs to cover
1.136%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; MEXC: live order book, 3 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 BingX live order book, 2 min ago4.80 bp31.4 bp −$3194.7 bp −$947doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.60 bp16.4 bp −$1665.2 bp −$652174.7 bp −$17.5Kdoesn't fit

A 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
Injective A/USDC PERP+0.0033%1h0.08945−4.383%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09354−0.009%$2.9M$3.2M75xas long as short
Bybit AUSDT+0.0100%4h0.09351−0.043%$3.2M$978K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09351−0.043%$732K$524K10xas long as short
Gate A_USDT+0.0100%4h0.09365+0.107%$221K$67K50xas long as short
MEXC A_USDTshort+0.0100%4h0.09358+0.032%$4.1M$142K100x
KuCoin AUSDTM+0.0100%4h0.09378+0.246%$686K$53K75xas long as short
Bitget AUSDT+0.0100%4h0.09367+0.128%$923K$246K75xas long as short
BingX A-USDTlong+0.0100%4h0.09355long leg$6.5M
Variational Omni A+0.0100%4h0.09370+0.160%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0158%4h0.09393+0.406%$150K$8K75xas long as short