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

AWE

all AWE 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 −0.062%
Price spread now: MEXC against Bybit−0.062%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1911.914% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)−0.075%−$8 · spread now −0.062%, 7d avg −0.106%
Together, before fees−0.138%−$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 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AWEUSDT0.064180.0100pay 0.0050% / 4h1h 14m$537K$225K25x
ShortMEXC AWE_USDT0.064140.0100get 0.0050% / 4h1h 14m$1.1M$133K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: −0.062% → −0.106%
$4.34
Slippage, 4 orders
−$176.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$187.07
Costs to cover
1.914%
Break-even
never at this rate
Slippage from Bybit: live order book, 41 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 41 min ago5.44 bp79.6 bp −$80230.7 bp −$2,307doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.12 bp22.6 bp −$2356.3 bp −$563125.2 bp −$12.5Kdoesn't fit

AWE on 9 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 AWEUSDT+0.0100%4h0.06415−0.053%$2K$8K5xas long as short
Binance AWEUSDT+0.0100%4h0.06414−0.060%$2.2M$1.4M40xas long as short
Bybit AWEUSDTlong+0.0100%4h0.06418long leg$537K$225K25x
MEXC AWE_USDTshort+0.0100%4h0.06414−0.062%$1.1M$133K20x
Bitget AWEUSDT+0.0100%4h0.06416−0.033%$447K$266K40xas long as short
BingX AWE-USDT+0.0100%4h0.06417−0.016%$6.6Mas long as short
BloFin AWE-USDT+0.0137%4h0.06411−0.109%$144K$27K40xas long as short
KuCoin AWEUSDTM+0.0342%4h0.06411−0.109%$147K$61K20xas long as short
Gate AWE_USDT+0.0871%8h0.06407−0.171%$46K$35K25xas long as short