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

BAT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.107%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 7 days+0.131%+$13 · spread now −0.107%, 7d avg +0.025%
Together, before fees+0.148%+$15 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: BingX is 0.132% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAT_USDT0.084190.0100pay 0.0100% / 8h27m 51s$877K$625K125x
ShortBingX BAT-USDT0.084100.0100get 0.0100% / 8h27m 51s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.107% → +0.025%
−$13.16
Slippage, 4 orders
−$38.72
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$65.88
Costs to cover
0.527%
Break-even
never at this rate
Slippage from MEXC: live order book, 43 min ago; BingX: live order book, 3 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, 43 min ago0.60 bp7.2 bp −$746.7 bp −$467123.9 bp −$12.4Kdoesn't fit
Sell BingX live order book, 3 min ago4.16 bp19.8 bp −$2055.0 bp −$550385.1 bp −$38.5K448.7 bp −$224.3K

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_BATUSD−0.0774%1h0.08416−0.033%$117K$15K10xas long as short
Binance BATUSDT+0.0100%8h0.08413−0.071%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08418−0.012%$1.1M$470K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08407−0.143%$532K$477K20xas long as short
Gate BAT_USDT+0.0100%8h0.08424+0.059%$84K$53K25xas long as short
MEXC BAT_USDTlong+0.0100%8h0.08419long leg$877K$625K125x
KuCoin BATUSDTM+0.0100%8h0.08420+0.012%$266K$61K20xas long as short
Bitget BATUSDT+0.0100%8h0.08414−0.059%$678K$182K50xas long as short
BingX BAT-USDTshort+0.0100%8h0.08410−0.107%$1.3M
Variational Omni BAT+0.0100%8h0.08421+0.018%$115K$78as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BAT-USDT+0.0122%8h0.08412−0.083%$100K$22K50xas long as short