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

API3

all API3 markets
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−0.077%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.077%, 7d avg −0.009%
Together, before fees+0.064%+$6 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 0.068% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC API3_USDT0.25930.0100pay 0.0050% / 4h2h 40m$453K$286K50x
ShortOKX API3-USDT-SWAP0.25910.0100get 0.0050% / 4h2h 40m$643K$502K10x

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: −0.077% → −0.009%
−$6.81
Slippage, 4 orders
−$79.6
Fee MEXC: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$104.41
Costs to cover
0.976%
Break-even
never at this rate
Slippage from MEXC: live order book, 64 min ago; OKX: live order book, 6 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, 64 min ago1.90 bp11.6 bp −$1249.0 bp −$490129.8 bp −$13.0K260.4 bp −$130.2K
Sell OKX live order book, 6 min ago3.83 bp38.8 bp −$39doesn't fitdoesn'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
BloFin API3-USDT+0.0060%4h0.2599+0.231%$132K$22K50xas long as short
Aster API3USDT+0.0100%4h0.2595+0.065%$2K$4K5xas long as short
Binance API3USDT+0.0100%4h0.2592−0.039%$2.6M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2596+0.116%$976K$393K25xas long as short
OKX API3-USDT-SWAPshort+0.0100%4h0.2591−0.077%$643K$502K10x
Gate API3_USDT+0.0100%8h0.2596+0.116%$120K$117K50xas long as short
MEXC API3_USDTlong+0.0100%4h0.2593long leg$453K$286K50x
KuCoin API3USDTM+0.0100%4h0.25930.000%$997K$243K30xas long as short
Bitget API3USDT+0.0100%4h0.2591−0.077%$641K$190K20xas long as short
BingX API3-USDT+0.0100%4h0.25930.000%$6.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni API3+0.0100%4h0.2602+0.351%$6K$1as long as short
Kraken Futures PF_API3USD+0.2704%1h0.2605+0.455%$13K$3K10xas long as short