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

API3

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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: Bitget against MEXC+0.038%7-day average −0.010% · 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−$79as in the Price arb table
costs, in and out, $10k−$840.839% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.038%, 7d avg −0.010%
Together, before fees−0.032%−$3 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: Bitget is 0.048% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC API3_USDT0.26240.0100pay 0.0050% / 4h3h 44m$451K$243K50x
ShortBitget API3USDT0.26250.0100get 0.0050% / 4h3h 44m$667K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.038% → −0.010%
$4.77
Slippage, 4 orders
−$63.87
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$79.1
Costs to cover
0.839%
Break-even
never at this rate
Slippage from MEXC: live order book, 19 min ago; Bitget: live order book, 25 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, 19 min ago1.91 bp11.2 bp −$1142.0 bp −$420132.9 bp −$13.3K279.1 bp −$139.6K
Sell Bitget live order book, 25 min ago5.74 bp31.1 bp −$31108.9 bp −$1,089doesn't fitdoesn't fit

API3 on 12 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
Aster API3USDT+0.0100%4h0.2625+0.041%$2K$5K5xas long as short
Binance API3USDT+0.0100%4h0.26240.000%$2.7M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2626+0.076%$995K$397K25xas long as short
OKX API3-USDT-SWAP+0.0100%4h0.2623−0.038%$651K$518K10xas long as short
Gate API3_USDT+0.0100%8h0.2625+0.038%$136K$87K50xas long as short
MEXC API3_USDTlong+0.0100%4h0.2624long leg$451K$243K50x
KuCoin API3USDTM+0.0100%4h0.2623−0.038%$1.0M$272K30xas long as short
Bitget API3USDTshort+0.0100%4h0.2625+0.038%$667K$205K20x
BingX API3-USDT+0.0100%4h0.2626+0.076%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2623−0.054%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0159%4h0.2622−0.076%$137K$35K50xas long as short
Kraken Futures PF_API3USD+0.0340%1h0.2628+0.153%$13K$2K10xas long as short