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: MEXC against OKX−0.076%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1131.135% 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)+0.145%+$14 · spread now −0.076%, 7d avg +0.009%
Together, before fees+0.137%+$14 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: MEXC is 0.085% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX API3-USDT-SWAP0.26250.0100pay 0.0050% / 4h3h 32m$652K$506K10x
ShortMEXC API3_USDT0.26230.0100get 0.0050% / 4h3h 32m$459K$288K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: −0.076% → +0.009%
−$8.53
Slippage, 4 orders
−$95.48
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$122.01
Costs to cover
1.135%
Break-even
never at this rate
Slippage from OKX: live order book, 18 min ago; MEXC: live order book, 12 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 OKX live order book, 18 min ago5.69 bp48.6 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 12 min ago1.90 bp10.5 bp −$1145.0 bp −$450128.3 bp −$12.8K267.0 bp −$133.5K

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%4h0.2622−0.111%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2624−0.055%$2.6M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2627+0.076%$987K$397K25xas long as short
OKX API3-USDT-SWAPlong+0.0100%4h0.2625long leg$652K$506K10x
Gate API3_USDT+0.0100%8h0.2626+0.038%$126K$113K50xas long as short
MEXC API3_USDTshort+0.0100%4h0.2623−0.076%$459K$288K50x
KuCoin API3USDTM+0.0100%4h0.2623−0.076%$1.0M$243K30xas long as short
Bitget API3USDT+0.0100%4h0.2624−0.038%$650K$195K20xas long as short
BingX API3-USDT+0.0100%4h0.26250.000%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2626+0.040%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0158%4h0.2624−0.038%$135K$24K50xas long as short
Kraken Futures PF_API3USD+0.4758%1h0.2630+0.193%$13K$3K10xas long as short