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: Gate against MEXC−0.199%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1581.576% 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 4 days (all we have)+0.133%+$13 · spread now −0.199%, 7d avg −0.113%
Together, before fees+0.133%+$13 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: Gate is 0.086% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ATH_USDT0.0055410.0100pay 0.0050% / 4h3h 42m$8.9M$582K50x
ShortGate ATH_USDT0.0055300.0100get 0.0050% / 4h3h 42m$790K$513K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.199% → −0.113%
−$8.6
Slippage, 4 orders
−$134.58
Fee MEXC: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$166.18
Costs to cover
1.576%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; Gate: live order book, 29 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, just now1.81 bp12.3 bp −$1262.2 bp −$622199.0 bp −$19.9Kdoesn't fit
Sell Gate live order book, 29 min ago6.32 bp55.0 bp −$55doesn't fitdoesn't fitdoesn't fit

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−0.2811%1h0.005531−0.182%$19K$106K10xas long as short
Variational Omni ATH−0.0046%4h0.005519−0.394%$185K$94Kas long as short
dYdX ATH-USD0.0000%1h0.005532−0.163%$11K$165xas long as short
BloFin ATH-USDT+0.0046%4h0.005544+0.054%$171K$68K75xas long as short
OKX ATH-USDT-SWAP+0.0069%4h0.005536−0.090%$704K$1.2M20xas long as short
Aster ATHUSDT+0.0100%4h0.005543+0.032%$5K$39K5xas long as short
Binance ATHUSDT+0.0100%4h0.005540−0.013%$3.4M$3.9M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005530−0.199%$4.4M$2.4M25xas long as short
Gate ATH_USDTshort+0.0100%4h0.005530−0.199%$790K$513K30x
MEXC ATH_USDTlong+0.0100%4h0.005541long leg$8.9M$582K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005533−0.144%$557K$79K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005537−0.072%$1.6M$857K25xas long as short
BingX ATH-USDT+0.0100%4h0.005535−0.108%$21.3Mas long as short