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

BEL

all BEL 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 −0.003%
Price spread now: MEXC against Bybit−0.182%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2222.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.182%, 7d avg −0.042%
Together, before fees+0.224%+$22 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: MEXC is 0.140% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BELUSDT0.12630.0100pay 0.0100% / 8h5h 14m$237K$147K10x
ShortMEXC BEL_USDT0.12610.0100get 0.0100% / 8h5h 14m$153K$91K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: −0.182% → −0.042%
−$13.99
Slippage, 4 orders
−$202.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$235.94
Costs to cover
2.220%
Break-even
never at this rate
Slippage from Bybit: live order book, 30 min ago; MEXC: live order book, 20 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 Bybit live order book, 30 min ago4.37 bp108.8 bp −$109doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 20 min ago1.59 bp9.6 bp −$1044.2 bp −$44290.8 bp −$9,075293.8 bp −$146.9K

BEL on 8 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
Aster BELUSDT+0.0100%8h0.1262−0.087%$11K$3K5xas long as short
Binance BELUSDT+0.0100%8h0.1261−0.189%$2.0M$1.4M10xas long as short
Bybit BELUSDTlong+0.0100%8h0.1263long leg$237K$147K10x
MEXC BEL_USDTshort+0.0100%8h0.1261−0.182%$153K$91K50x
KuCoin BELUSDTM+0.0100%8h0.1262−0.119%$61K$17K10xas long as short
Variational Omni BEL+0.0100%8h0.1265+0.099%$3K$11as long as short
Gate BEL_USDT+0.0697%8h0.1264+0.016%$111K$46K10xas long as short
Kraken Futures PF_BELUSD+3.9516%1h0.1274+0.851%$9K$10K10xas long as short