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

ACT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against MEXC+0.063%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$880.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days−0.100%−$10 · spread now +0.063%, 7d avg +0.006%
Together, before fees−0.082%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.057% dearer against MEXC than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ACT_USDT0.011090.0100pay 0.0050% / 4h8m 55s$6.5M$112K20x
ShortBingX ACT-USDT0.011100.0170get 0.0085% / 4h8m 55s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$14.7
Price spread: +0.063% → +0.006%
$5.69
Slippage, 4 orders
−$74.34
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$67.95
Costs to cover
0.883%
Break-even
39.4 days
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 7 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 ago2.71 bp19.6 bp −$2054.8 bp −$548120.9 bp −$12.1K344.1 bp −$172.0K
Sell BingX live order book, 7 min ago4.51 bp28.8 bp −$29113.6 bp −$1,136674.1 bp −$67.4K1028.6 bp −$514.3K

ACT 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
Binance ACTUSDT+0.0100%4h0.01109+0.018%$2.1M$2.3M10xas long as short
Gate ACT_USDT+0.0100%4h0.01108−0.099%$143K$83K25xas long as short
MEXC ACT_USDTlong+0.0100%4h0.01109long leg$6.5M$112K20x
Bitget ACTUSDT+0.0100%4h0.01109−0.009%$267K$86K10xas long as short
Bybit ACTUSDT+0.0102%4h0.01112+0.225%$596K$389K25xas long as short
OKX ACT-USDT-SWAP+0.0145%4h0.01111+0.153%$803K$1.4M10xas long as short
BingX ACT-USDTshort+0.0170%4h0.01110+0.063%$1.3M