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: Bybit against MEXC+0.115%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as 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)−0.094%−$9 · spread now +0.115%, 7d avg +0.069%
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: Bybit is 0.046% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC API3_USDT0.26110.0100pay 0.0050% / 4h2h 12m$483K$266K50x
ShortBybit API3USDT0.26140.0100get 0.0050% / 4h2h 12m$994K$396K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.115% → +0.069%
$4.57
Slippage, 4 orders
−$196.88
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$211.31
Costs to cover
2.159%
Break-even
never at this rate
Slippage from MEXC: live order book, 47 min ago; Bybit: live order book, 48 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, 47 min ago1.91 bp11.1 bp −$1151.6 bp −$516133.2 bp −$13.3K272.2 bp −$136.1K
Sell Bybit live order book, 48 min ago3.82 bp114.0 bp −$114doesn't fitdoesn't fitdoesn't fit

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−0.0555%1h0.2616+0.174%$13K$2K10xas long as short
Aster API3USDT+0.0100%4h0.2613+0.077%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2611+0.014%$2.6M$2.0M50xas long as short
Bybit API3USDTshort+0.0100%4h0.2614+0.115%$994K$396K25x
OKX API3-USDT-SWAP+0.0100%4h0.26110.000%$649K$527K10xas long as short
Gate API3_USDT+0.0100%8h0.2614+0.115%$126K$103K50xas long as short
MEXC API3_USDTlong+0.0100%4h0.2611long leg$483K$266K50x
KuCoin API3USDTM+0.0100%4h0.2612+0.038%$1.0M$273K30xas long as short
Bitget API3USDT+0.0100%4h0.2612+0.038%$657K$203K20xas long as short
BingX API3-USDT+0.0100%4h0.2612+0.038%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni API3+0.0100%4h0.2619+0.288%$6K$1as long as short