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

BAT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC+0.167%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.167%, 7d avg +0.007%
Together, before fees−0.266%−$27 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: Bitget is 0.160% dearer against MEXC than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAT_USDT0.083600.0100pay 0.0100% / 8h2h 43m$787K$637K125x
ShortBitget BATUSDT0.083740.0100get 0.0100% / 8h2h 43m$674K$173K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.167% → +0.007%
$16.04
Slippage, 4 orders
−$60.21
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$60.16
Costs to cover
0.762%
Break-even
never at this rate
Slippage from MEXC: live order book, 62 min ago; Bitget: 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 MEXC live order book, 62 min ago2.37 bp8.4 bp −$843.9 bp −$439135.1 bp −$13.5Kdoesn't fit
Sell Bitget live order book, 2 min ago5.97 bp31.6 bp −$32172.5 bp −$1,725doesn't fitdoesn'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_BATUSD−0.0293%1h0.08359−0.009%$114K$7K10xas long as short
BloFin BAT-USDT+0.0100%8h0.08375+0.179%$99K$33K50xas long as short
Binance BATUSDT+0.0100%8h0.08360−0.003%$1.9M$2.0M50xas long as short
Bybit BATUSDT+0.0100%8h0.08366+0.072%$1.1M$480K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08354−0.072%$525K$409K20xas long as short
Gate BAT_USDT+0.0100%8h0.08378+0.215%$82K$28K25xas long as short
MEXC BAT_USDTlong+0.0100%8h0.08360long leg$787K$637K125x
KuCoin BATUSDTM+0.0100%8h0.08380+0.239%$260K$63K20xas long as short
Bitget BATUSDTshort+0.0100%8h0.08374+0.167%$674K$173K50x
BingX BAT-USDT+0.0100%8h0.083600.000%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08382+0.258%$114K$78as long as short