Funding arb · Price arb /

BIGTIME

all BIGTIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0195%/8h= +21.4% APRpaid last 24h −0.298%

Price spread now: Kraken Futures against MEXC+0.054%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.054% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BIGTIME_USDT	0.008042	0.0100	pay 0.0050% / 4h	51m 26s	$400K	$168K	125x
Short	Kraken Futures PF_BIGTIMEUSD	0.008046	0.0295	get 0.0037% / 1h	51m 26s	$8K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee MEXCbpFee Kraken FuturesbpOrdersPrice spread, now +0.054%Rate

Funding earned: $41.04
Price spread: +0.054% → 0.000%: $5.42
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $32.45
Costs to cover: 0.140%
Break-even: 1.5 days

Slippage unknown: MEXC: live order book, 46 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 46 min ago	1.85 bp	12.2 bp −$12	54.7 bp −$547	78.0 bp −$7,804	124.8 bp −$62.4K
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIGTIME on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX BIGTIME-USDT-SWAP	−0.0103%	4h	0.008040	−0.025%	$426K	$277K	10x	as long as short
Hyperliquid BIGTIME	+0.0100%	1h	0.008042	0.000%	$129K	$78K	3x	as long as short
Binance BIGTIMEUSDT	+0.0100%	4h	0.008043	+0.011%	$1.7M	$2.0M	50x	as long as short
Bybit BIGTIMEUSDT	+0.0100%	4h	0.008042	0.000%	$638K	$701K	25x	as long as short
Gate BIGTIME_USDT	+0.0100%	4h	0.008047	+0.062%	$58K	$24K	50x	as long as short
MEXC BIGTIME_USDTlong	+0.0100%	4h	0.008042	long leg	$400K	$168K	125x
KuCoin BIGTIMEUSDTM	+0.0100%	4h	0.008059	+0.211%	$228K	$27K	20x	as long as short
Bitget BIGTIMEUSDT	+0.0100%	4h	0.008048	+0.075%	$543K	$162K	50x	as long as short
BingX BIGTIME-USDT	+0.0100%	4h	0.008046	+0.050%	—	$2.3M	—	as long as short
Variational Omni BIGTIME	+0.0100%	4h	0.008053	+0.141%	$10K	$1	—	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BIGTIME-USDT	+0.0143%	4h	0.008038	−0.050%	$88K	$5K	50x	as long as short
Kraken Futures PF_BIGTIMEUSDshort	+0.0295%	1h	0.008046	+0.054%	$8K	$7K	10x