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: OKX against MEXC0.000%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now 0.000%, 7d avg −0.045%
Together, before fees−0.096%−$10 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: OKX is 0.045% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BAT_USDT0.083370.0100pay 0.0100% / 8h2h 36m$785K$637K125x
ShortOKX BAT-USDT-SWAP0.083370.0100get 0.0100% / 8h2h 36m$523K$415K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: 0.000% → −0.045%
$4.55
Slippage, 4 orders
−$73.9
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$83.35
Costs to cover
0.879%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 9 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, 4 min ago4.21 bp9.5 bp −$940.5 bp −$405105.5 bp −$10.5Kdoesn't fit
Sell OKX live order book, 9 min ago2.39 bp30.8 bp −$31doesn't fitdoesn'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−0.0294%1h0.08339+0.019%$114K$7K10xas long as short
BloFin BAT-USDT+0.0085%8h0.08340+0.036%$99K$33K50xas long as short
Binance BATUSDT+0.0100%8h0.08340+0.036%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08340+0.036%$1.1M$487K25xas long as short
OKX BAT-USDT-SWAPshort+0.0100%8h0.083370.000%$523K$415K20x
Gate BAT_USDT+0.0100%8h0.08338+0.012%$81K$28K25xas long as short
MEXC BAT_USDTlong+0.0100%8h0.08337long leg$785K$637K125x
KuCoin BATUSDTM+0.0100%8h0.08330−0.084%$259K$63K20xas long as short
Bitget BATUSDT+0.0100%8h0.08333−0.048%$676K$179K50xas long as short
BingX BAT-USDT+0.0100%8h0.08336−0.012%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08327−0.118%$114K$78as long as short