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

API3

all API3 markets
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 Bybit−0.077%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2162.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.077%, 7d avg −0.069%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit API3USDT0.26080.0100pay 0.0050% / 4h2h 10m$992K$397K25x
ShortMEXC API3_USDT0.26060.0100get 0.0050% / 4h2h 10m$481K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: −0.077% → −0.069%
−$0.75
Slippage, 4 orders
−$196.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$216.64
Costs to cover
2.159%
Break-even
never at this rate
Slippage from Bybit: live order book, 50 min ago; MEXC: live order book, 49 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 Bybit live order book, 50 min ago3.82 bp79.2 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 49 min ago1.91 bp11.6 bp −$1242.9 bp −$429121.4 bp −$12.1K265.3 bp −$132.7K

API3 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
Kraken Futures PF_API3USD−0.0556%1h0.2609+0.023%$13K$2K10xas long as short
Aster API3USDT+0.0100%4h0.2608+0.008%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2606−0.074%$2.6M$2.0M50xas long as short
Bybit API3USDTlong+0.0100%4h0.2608long leg$992K$397K25x
OKX API3-USDT-SWAP+0.0100%4h0.2604−0.153%$648K$525K10xas long as short
Gate API3_USDT+0.0100%8h0.2610+0.077%$126K$103K50xas long as short
MEXC API3_USDTshort+0.0100%4h0.2606−0.077%$481K$266K50x
KuCoin API3USDTM+0.0100%4h0.26080.000%$1.0M$273K30xas long as short
Bitget API3USDT+0.0100%4h0.2605−0.115%$655K$203K20xas long as short
BingX API3-USDT+0.0100%4h0.2607−0.038%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni API3+0.0100%4h0.2610+0.059%$6K$1as long as short