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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.014%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2352.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.014%, 7d avg −0.012%
Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 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 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended B-USD0.20230.0888pay 0.0111% / 1h42m 58s$15K$117K5x
ShortMEXC B_USDT0.20230.0894get 0.0447% / 4h1h 42m$970K$347K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
$1.26
Price spread: +0.014% → −0.012%
$2.6
Slippage, 4 orders
−$225.64
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$230.78
Costs to cover
2.346%
Break-even
1289.1 days
Slippage from Extended: live order book, 37 min ago; MEXC: live order book, 37 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 Extended live order book, 37 min ago10.13 bp69.5 bp −$69784.3 bp −$7,843doesn't fitdoesn't fit
Sell MEXC live order book, 37 min ago2.47 bp6.1 bp −$645.1 bp −$451208.0 bp −$20.8Kdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.2021−0.085%$3.4M$587K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2022−0.036%$1.9M$71K10xas long as short
Binance BUSDT+0.0885%4h0.2023+0.018%$11.7M$2.0M20xas long as short
Extended B-USDlong+0.0888%1h0.2023long leg$15K$117K5x
MEXC B_USDTshort+0.0894%4h0.2023+0.014%$970K$347K100x
edgeX BUSDC+0.0897%4h0.2023+0.029%$3K$393K5xas long as short
BloFin B-USDT+0.0900%4h0.2021−0.085%$593K$39K20xas long as short
Bybit BUSDT+0.1034%4h0.2021−0.070%$1.7M$956K13xas long as short
BingX B-USDT+0.1092%4h0.2023+0.014%$1.2Mas long as short
Bitget BUSDT+0.1178%4h0.2024+0.063%$2.7M$230K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1358%4h0.2024+0.055%$1.9M$206K5xas long as short