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

BILL

all BILL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.029%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.003%$0 · spread now −0.029%, 7d avg −0.019%
Together, before fees+0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BILLUSDT0.013830.0312pay 0.0156% / 4h3h 39m$2.5M$3.6M20x
ShortMEXC BILL_USDT0.013830.0316get 0.0158% / 4h3h 39m$987K$322K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
$0.81
Price spread: −0.029% → −0.019%
−$1.01
Slippage, 4 orders
−$59.76
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$69.96
Costs to cover
0.698%
Break-even
611.1 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 1 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 Binance live order book, 12 min ago3.60 bp25.6 bp −$26163.6 bp −$1,636doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.61 bp6.3 bp −$655.4 bp −$554287.6 bp −$28.8Kdoesn't fit

BILL on 16 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
BloFin BILL-USDT+0.0044%4h0.01387+0.260%$145K$19K20xas long as short
Aster BILLUSDT+0.0100%4h0.01384+0.039%$2K$4K5xas long as short
Bybit BILLUSDT+0.0100%4h0.01383−0.029%$1.3M$938K20xas long as short
OKX BILL-USDT-SWAP+0.0100%4h0.01383−0.029%$1.0M$2.5M20xas long as short
Gate BILL_USDT+0.0100%4h0.01384+0.043%$280K$82K20xas long as short
Bitget BILLUSDT+0.0100%4h0.01384+0.043%$630K$850K20xas long as short
SunX BILL-USDT+0.0100%4h0.01385+0.116%$2K$1.1M20xas long as short
Backpack BILL_USDC_PERP+0.0153%1h0.01384+0.043%$21K$9265xas long as short
Extended BILL-USD+0.0312%1h0.01384+0.040%$1K$266K5xas long as short
Binance BILLUSDTlong+0.0312%4h0.01383long leg$2.5M$3.6M20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BILL_USDTshort+0.0316%4h0.01383−0.029%$987K$322K50x
BingX BILL-USDT+0.0318%4h0.01383−0.029%$1.7Mas long as short
Coinbase International BILL-PERP-INTX+0.0632%1h0.01386+0.181%$47K$100K50xas long as short
HTX BILL-USDT+0.0827%4h0.01390+0.477%$17K$8K20xas long as short
KuCoin BILLUSDTM+0.0956%4h0.01384+0.058%$445K$281K20xas long as short
Deribit BILL_USDC-PERPETUAL+0.1775%1h0.01385+0.152%$108K$14K10xas long as short