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

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0394%/8h= +43.1% APRpaid last 24h +0.301%
Price spread now: MEXC against Kraken Futures+0.008%7-day average −0.145% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.395%−$139 on $10k
Price spread, last 4 days (all we have)−0.095%−$10 · spread now +0.008%, 7d avg −0.145%
Together, before fees−1.490%−$149 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.153% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.145%. Mind the row above: over the last 7 days funding on this pair cost −1.395%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BATUSD0.08339−0.0294get 0.0037% / 1h36m 04s$114K$7K10x
ShortMEXC BAT_USDT0.083400.0100get 0.0100% / 8h2h 36m$785K$637K125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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
$82.67
Price spread: +0.008% → −0.145%
$15.32
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$83.99
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 11 min ago; MEXC: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 11 min ago16.70 bp337.6 bp −$338doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago4.21 bp10.9 bp −$1151.9 bp −$519122.2 bp −$12.2Kdoesn't fit

BAT 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
Kraken Futures PF_BATUSDlong−0.0294%1h0.08339long leg$114K$7K10x
BloFin BAT-USDT+0.0085%8h0.08340+0.008%$99K$33K50xas long as short
Binance BATUSDT+0.0100%8h0.08343+0.044%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08346+0.080%$1.1M$487K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08343+0.044%$524K$416K20xas long as short
Gate BAT_USDT+0.0100%8h0.08341+0.020%$82K$28K25xas long as short
MEXC BAT_USDTshort+0.0100%8h0.08340+0.008%$785K$637K125x
KuCoin BATUSDTM+0.0100%8h0.08340+0.008%$259K$63K20xas long as short
Bitget BATUSDT+0.0100%8h0.08336−0.040%$675K$179K50xas long as short
BingX BAT-USDT+0.0100%8h0.08342+0.032%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08327−0.146%$114K$78as long as short