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

BP

all BP markets
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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: MEXC against Gate−8.947%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6,071as in the Price arb table
costs, in and out, $10k−$5,17751.766% 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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 8.947% cheaper against Gate than usual: you would sell low and buy high, −$895 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BP_USDT0.95450.0100pay 0.0050% / 4h2h 41m$648K$117K10x
ShortMEXC BP_USDT0.86910.0100get 0.0050% / 4h2h 41m$627K$418K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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: −8.947% → 0.000%
−$894.71
Slippage, 4 orders
−$5,157.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$6,071.27
Costs to cover
51.766%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 64 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 Gate live order book, 5 min ago110.82 bp1166.2 bp −$1,166doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 64 min ago38.25 bp178.4 bp −$178239.0 bp −$2,390doesn't fitdoesn't fit

BP on 5 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
KuCoin BPUSDTM+0.0050%8h0.9004−5.670%$208K$71K5xas long as short
Pacifica BP+0.0100%1h0.8542−10.508%$84K$75K3xas long as short
Bybit BPUSDT+0.0100%4h0.8700−8.853%$1.5M$573K5xas long as short
Gate BP_USDTlong+0.0100%4h0.9545long leg$648K$117K10x
MEXC BP_USDTshort+0.0100%4h0.8691−8.947%$627K$418K20x