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

BAT

all BAT markets
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: Bybit against MEXC+0.024%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 7 days+0.079%+$8 · spread now +0.024%, 7d avg +0.083%
Together, before fees+0.036%+$4 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: Bybit is 0.059% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAT_USDT0.083990.0100pay 0.0100% / 8h6h 07m$822K$630K125x
ShortBybit BATUSDT0.084010.0100get 0.0100% / 8h6h 07m$1.1M$466K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.024% → +0.083%
−$5.91
Slippage, 4 orders
−$104
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$124.92
Costs to cover
1.190%
Break-even
never at this rate
Slippage from MEXC: live order book, 54 min ago; Bybit: 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, 54 min ago1.80 bp7.9 bp −$841.0 bp −$410119.2 bp −$11.9Kdoesn't fit
Sell Bybit live order book, 3 min ago3.58 bp48.0 bp −$48352.7 bp −$3,527doesn't fitdoesn't fit

BAT on 10 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−0.0154%1h0.08413+0.169%$115K$16K10xas long as short
Binance BATUSDT+0.0100%8h0.08400+0.012%$1.9M$2.0M50xas long as short
Bybit BATUSDTshort+0.0100%8h0.08401+0.024%$1.1M$466K25x
OKX BAT-USDT-SWAP+0.0100%8h0.08394−0.060%$531K$434K20xas long as short
Gate BAT_USDT+0.0100%8h0.08391−0.095%$82K$45K25xas long as short
MEXC BAT_USDTlong+0.0100%8h0.08399long leg$822K$630K125x
KuCoin BATUSDTM+0.0100%8h0.08400+0.012%$264K$60K20xas long as short
Bitget BATUSDT+0.0100%8h0.08397−0.024%$671K$183K50xas long as short
BingX BAT-USDT+0.0100%8h0.08398−0.012%$1.3Mas long as short
Variational Omni BAT+0.0100%8h0.08396−0.035%$114K$78as long as short