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

ATH

all ATH 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: BingX against MEXC−0.128%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.128%, 7d avg −0.064%
Together, before fees+0.109%+$11 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: BingX is 0.064% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ATH_USDT0.0054850.0100pay 0.0050% / 4h2m 56s$8.9M$646K50x
ShortBingX ATH-USDT0.0054780.0100get 0.0050% / 4h2m 56s$21.6M

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
$0
Price spread: −0.128% → −0.064%
−$6.41
Slippage, 4 orders
−$75.32
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$99.74
Costs to cover
0.933%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 11 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, 5 min ago1.82 bp17.2 bp −$1767.5 bp −$675220.4 bp −$22.0Kdoesn't fit
Sell BingX live order book, 11 min ago5.45 bp37.0 bp −$3781.2 bp −$812581.8 bp −$58.2K928.5 bp −$464.3K

ATH on 13 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_ATHUSD−0.2890%1h0.005478−0.129%$19K$106K10xas long as short
Variational Omni ATH−0.0101%4h0.005466−0.355%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005488+0.054%$11K$575xas long as short
BloFin ATH-USDT+0.0047%4h0.005481−0.073%$166K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005484−0.018%$5K$42K5xas long as short
Binance ATHUSDT+0.0100%4h0.005484−0.018%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005474−0.201%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005476−0.164%$701K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005476−0.164%$784K$589K30xas long as short
MEXC ATH_USDTlong+0.0100%4h0.005485long leg$8.9M$646K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005483−0.036%$553K$79K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005479−0.109%$1.5M$889K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005478−0.128%$21.6M