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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0690%/8h= +75.6% APRnext payment +$3.45 per $10,000 · paid last 24h +0.278%
Price spread now: MEXC against BingX+0.160%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs+$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1101.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.881%+$188 on $10k
Price spread, last 7 days−0.133%−$13 · spread now +0.160%, 7d avg +0.055%
Together, before fees+1.748%+$175 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and MEXC is 0.105% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BR-USDT1.14070.0080pay 0.0040% / 4h3h 32m$5.8M
ShortMEXC BR_USDT1.14250.0770get 0.0385% / 4h3h 32m$15.5M$6.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
$144.9
Price spread: +0.160% → +0.055%
$10.5
Slippage, 4 orders
−$96.36
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$45.05
Costs to cover
1.104%
Break-even
4.8 days
Slippage from BingX: live order book, 3 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 BingX live order book, 3 min ago3.11 bp18.5 bp −$1850.1 bp −$501490.1 bp −$49.0Kdoesn't fit
Sell MEXC live order book, 1 min ago2.62 bp34.2 bp −$3465.5 bp −$655218.5 bp −$21.9K484.7 bp −$242.3K

BR on 11 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
BingX BR-USDTlong+0.0080%4h1.1407long leg$5.8M
Bybit BRUSDT+0.0100%4h1.1395−0.105%$10.9M$22.4M5xas long as short
Bitget BRUSDT+0.0100%4h1.1405−0.015%$8.4M$10.6M10xas long as short
Variational Omni BR+0.0100%4h1.1416+0.079%$267K$244Kas long as short
SunX BR-USDT+0.0100%4h1.1462+0.481%$710K10xas long as short
HTX BR-USDT+0.0100%4h1.1525+1.042%$88K$239K20xas long as short
KuCoin BRUSDTM+0.0130%4h1.1411+0.036%$5.0M$4.9M30xas long as short
Gate BR_USDT+0.0230%4h1.1433+0.234%$7.6M$8.1M20xas long as short
Aster BRUSDT+0.0451%4h1.1425+0.162%$670K$2.4M5xas long as short
MEXC BR_USDTshort+0.0770%4h1.1425+0.160%$15.5M$6.5M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.0771%4h1.1416+0.082%$54.4M$136.9M25xas long as short