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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC+0.194%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$630.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 3 days (all we have)−1.128%−$113 · spread now +0.194%, 7d avg −0.015%
Together, before fees−1.131%−$113 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.209% dearer against MEXC than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of −0.015%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. At the pace of the last 7 days (−0.004% in total) that is about 14 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B_USDT0.20620.0802pay 0.0401% / 4h3h 11m$1.0M$356K100x
ShortBloFin B-USDT0.20660.0776get 0.0388% / 4h3h 11m$607K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$5.39
Price spread: +0.194% → −0.015%
$20.92
Slippage, 4 orders
−$46.71
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$47.18
Costs to cover
0.627%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 60 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 ago2.43 bp6.2 bp −$675.6 bp −$756219.5 bp −$22.0Kdoesn't fit
Sell BloFin live order book, 60 min ago4.92 bp26.5 bp −$2790.4 bp −$904doesn't fitdoesn'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+0.0306%4h0.2063+0.048%$3.5M$622K20xas long as short
KuCoin BUSDTM+0.0740%4h0.2058−0.204%$1.9M$71K10xas long as short
BloFin B-USDTshort+0.0776%4h0.2066+0.194%$607K$40K20x
Extended B-USD+0.0800%1h0.2063+0.026%$16K$221K5xas long as short
edgeX BUSDC+0.0801%4h0.2059−0.148%$3K$393K5xas long as short
MEXC B_USDTlong+0.0802%4h0.2062long leg$1.0M$356K100x
Binance BUSDT+0.0803%4h0.2063+0.048%$11.9M$2.0M20xas long as short
BingX B-USDT+0.1134%4h0.20620.000%$1.3Mas long as short
Bybit BUSDT+0.1143%4h0.2060−0.087%$1.8M$961K13xas long as short
Bitget BUSDT+0.1192%4h0.2063+0.048%$2.8M$232K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1565%4h0.2065+0.134%$1.9M$214K5xas long as short