Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0164%/8h= −18.0% APRpaid last 24h −0.042%

Price spread now: MEXC against Aevo+0.050%7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$130as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1101.103% of the position

Long on Aevo Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 4 days (all we have)−0.718%−$72 · spread now +0.050%, 7d avg −0.070%

Together, before fees−0.910%−$91 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.120% dearer against Aevo than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of −0.070%): +$12 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ARB-PERP	0.2188	0.0104	pay 0.0013% / 1h	21m 44s	$139K	$7K	3x
Short	MEXC ARB_USDT	0.2189	−0.0060	pay 0.0060% / 8h	2h 21m	$41.6M	$61.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aevo. 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

Position, each leg$Hold fordaysFee AevobpFee MEXCbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$34.44
Price spread: +0.050% → −0.070%: $12.03
Slippage, 4 orders: −$94.34
Fee Aevo: 8 bp × 2 orders: −$16
Fee MEXC: 0 bp × 2 orders: $0
Net: −$132.75
Costs to cover: 1.103%
Break-even: never at this rate

Slippage from Aevo: live order book, 22 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 22 min ago	25.20 bp	57.2 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.23 bp	0.9 bp −$1	20.0 bp −$200	42.5 bp −$4,254	68.8 bp −$34.4K

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1581%	1h	0.2171	−0.777%	$39K	$372K	12x	as long as short
01 Exchange ARBUSD	−0.0176%	1h	0.2184	−0.183%	$7K	$236	10x	as long as short
Polymarket Perps ARB-USD	−0.0097%	1h	0.2184	−0.187%	$78K	$2.1M	10x	as long as short
Variational Omni ARB	−0.0096%	8h	0.2174	−0.622%	$1.8M	$3.0M	—	as long as short
Bybit ARBUSDT	−0.0076%	8h	0.2188	−0.023%	$54.7M	$124.2M	50x	as long as short
Kraken Futures PF_ARBUSD	−0.0074%	1h	0.2188	+0.021%	$1.0M	$4.4M	50x	as long as short
OKX ARB-USDT-SWAP	−0.0061%	8h	0.2189	+0.041%	$21.6M	$143.4M	50x	as long as short
MEXC ARB_USDTshort	−0.0060%	8h	0.2189	+0.050%	$41.6M	$61.4M	200x
Orderly PERP_ARB_USDC	−0.0049%	8h	0.2186	−0.091%	$12K	$409K	10x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2188	−0.018%	$65K	$5K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ARB_USDC-PERPETUAL	0.0000%	1h	0.2187	−0.041%	$23K	$33K	25x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0009%	1h	0.2185	−0.137%	$44K	—	150x	as long as short
Bitget ARBUSDT	+0.0057%	8h	0.2187	−0.046%	$20.9M	$34.2M	50x	as long as short
Gate ARB_USDT	+0.0076%	8h	0.2188	+0.009%	$5.4M	$18.2M	60x	as long as short
BingX ARB-USDT	+0.0084%	8h	0.2188	+0.005%	—	$53.8M	—	as long as short
RISEx ARB/USDC	+0.0086%	1h	0.2188	+0.004%	$444K	$2.6M	10x	as long as short
Extended ARB-USD	+0.0088%	1h	0.2187	−0.036%	$347K	$2.8M	25x	as long as short
Binance ARBUSDT	+0.0090%	8h	0.2188	+0.018%	$62.5M	$300.0M	75x	as long as short
Lighter ARB	+0.0096%	1h	0.2187	−0.027%	$1.3M	$5.5M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2189	+0.046%	$36.6M	$48.7M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2188	0.000%	$630K	$1.7M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2188	+0.015%	$42K	$160K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2189	+0.055%	$19.5M	$14.4M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2172	−0.746%	$38K	$462K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2182	−0.274%	$464K	$3.5M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2171	−0.777%	$117K	$282K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2188	0.000%	$2K	$1.1M	30x	as long as short
SoDEX ARB-USD	+0.0100%	1h	0.2187	−0.059%	$9K	$2.2M	5x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2186	−0.082%	$292K	$890K	50x	as long as short
Phemex ARBUSDT	+0.0100%	8h	0.2185	−0.137%	$4.9M	$12.7M	50x	as long as short
Aevo ARB-PERPlong	+0.0104%	1h	0.2188	long leg	$139K	$7K	3x
BloFin ARB-USDT	+0.0208%	8h	0.2183	−0.233%	$3.0M	$2.4M	75x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0277% / S −0.0159%	1h	0.2185	−0.155%	$827K	—	150x	as long as short
Coinbase International ARB-PERP-INTX	+0.0288%	1h	0.2188	0.000%	$507K	$1.6M	50x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2184	−0.203%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0700%	1h	0.2191	+0.119%	$982K	$2.8M	20x	as long as short