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

A

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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 0.000%
Price spread now: OKX against MEXC−0.054%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days+0.073%+$7 · spread now −0.054%, 7d avg +0.041%
Together, before fees+0.099%+$10 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: OKX is 0.095% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC A_USDT0.092910.0100pay 0.0050% / 4h2h 18m$4.0M$142K100x
ShortOKX A-USDT-SWAP0.092860.0100get 0.0050% / 4h2h 18m$742K$513K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
Price spread: −0.054% → +0.041%
−$9.49
Slippage, 4 orders
−$114.96
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$138.45
Costs to cover
1.290%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 27 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, 4 min ago3.78 bp13.7 bp −$1458.5 bp −$585204.5 bp −$20.4Kdoesn't fit
Sell OKX live order book, 27 min ago6.99 bp50.8 bp −$51doesn't fitdoesn't fitdoesn'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%1h0.08945−3.724%$1K$55.5xas long as short
Binance AUSDT+0.0100%4h0.09289−0.017%$2.9M$3.2M75xas long as short
Bybit AUSDT+0.0100%4h0.09272−0.204%$3.2M$969K50xas long as short
OKX A-USDT-SWAPshort+0.0100%4h0.09286−0.054%$742K$513K10x
Gate A_USDT+0.0100%4h0.09276−0.161%$218K$67K50xas long as short
MEXC A_USDTlong+0.0100%4h0.09291long leg$4.0M$142K100x
KuCoin AUSDTM+0.0100%4h0.09283−0.086%$675K$47K75xas long as short
Bitget AUSDT+0.0100%4h0.09281−0.108%$892K$193K75xas long as short
BingX A-USDT+0.0100%4h0.09283−0.086%$6.5Mas long as short
Variational Omni A+0.0100%4h0.09241−0.534%$1K$1as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin A-USDT+0.0151%4h0.09248−0.463%$147K$7K75xas long as short