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

AT

all AT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against MEXC+0.064%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1251.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.064%, 7d avg +0.062%
Together, before fees+0.090%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AT_USDT0.15690.0100pay 0.0050% / 4h2h 38m$246K$169K50x
ShortBingX AT-USDT0.15700.0650get 0.0325% / 4h2h 38m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$115.5
Price spread: +0.064% → +0.062%
$0.15
Slippage, 4 orders
−$110.7
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$9.05
Costs to cover
1.247%
Break-even
7.5 days
Slippage from MEXC: live order book, 47 min ago; BingX: live order book, 8 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 ago3.17 bp18.0 bp −$1893.2 bp −$932348.5 bp −$34.9Kdoesn't fit
Sell BingX live order book, 8 min ago9.44 bp50.0 bp −$50141.8 bp −$1,418doesn't fitdoesn't fit

AT on 10 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 AT-USDT+0.0077%4h0.1573+0.255%$362K$7K50xas long as short
Binance ATUSDT+0.0100%4h0.1569−0.006%$8.6M$3.6M50xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.1571+0.127%$218K$531K20xas long as short
Gate AT_USDT+0.0100%4h0.1567−0.140%$152K$186K20xas long as short
MEXC AT_USDTlong+0.0100%4h0.1569long leg$246K$169K50x
KuCoin ATUSDTM+0.0100%4h0.1567−0.127%$254K$158K50xas long as short
Bitget ATUSDT+0.0100%4h0.1570+0.064%$666K$171K50xas long as short
Aster ATUSDT+0.0224%4h0.1570+0.064%$31K$13K5xas long as short
Bybit ATUSDT+0.0476%4h0.1570+0.089%$545K$1.0M25xas long as short
BingX AT-USDTshort+0.0650%4h0.1570+0.064%$6.5M