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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.029%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1081.081% 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 4 days (all we have)+0.016%+$2 · spread now +0.029%, 7d avg −0.012%
Together, before fees+0.016%+$2 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 0.041% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BIRBUSDT0.069290.0100pay 0.0050% / 4h1h 38m$1.3M$1.9M50x
ShortMEXC BIRB_USDT0.069310.0100get 0.0050% / 4h1h 38m$146K$99K50x

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
Price spread: +0.029% → −0.012%
$4.12
Slippage, 4 orders
−$94.1
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$103.98
Costs to cover
1.081%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, 62 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, 11 min ago4.32 bp41.9 bp −$42272.6 bp −$2,726doesn't fitdoesn't fit
Sell MEXC live order book, 62 min ago7.28 bp18.9 bp −$1971.3 bp −$713287.7 bp −$28.8K870.9 bp −$435.4K

BIRB on 9 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 BIRBUSDT+0.0100%4h0.06946+0.251%$16K$17K5xas long as short
Binance BIRBUSDTlong+0.0100%4h0.06929long leg$1.3M$1.9M50x
Gate BIRB_USDT+0.0100%4h0.06944+0.216%$58K$60K20xas long as short
MEXC BIRB_USDTshort+0.0100%4h0.06931+0.029%$146K$99K50x
KuCoin BIRBUSDTM+0.0100%4h0.06948+0.274%$80K$41K20xas long as short
Bitget BIRBUSDT+0.0100%4h0.06931+0.029%$434K$193K20xas long as short
BingX BIRB-USDT+0.1432%4h0.06919−0.144%$740Kas long as short
BloFin BIRB-USDT+0.1482%4h0.06934+0.072%$84K$5K25xas long as short
Bybit BIRBUSDT+0.1510%4h0.06908−0.303%$642K$479K25xas long as short