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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0742%/8h= +81.2% APRnext payment +$3.71 per $10,000 · paid last 24h +0.169%
Price spread now: MEXC against Bitget+0.211%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs+$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.749% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.670%+$167 on $10k
Price spread, last 7 days−0.143%−$14 · spread now +0.211%, 7d avg +0.170%
Together, before fees+1.527%+$153 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and MEXC is 0.041% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.170%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRUSDT1.09960.0544pay 0.0272% / 4h32m 15s$8.0M$12.4M10x
ShortMEXC BR_USDT1.10190.1286get 0.0643% / 4h32m 15s$15.2M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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
$155.82
Price spread: +0.211% → +0.170%
$4.11
Slippage, 4 orders
−$58.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$85.01
Costs to cover
0.749%
Break-even
3.2 days
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago1.32 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.22 bp16.3 bp −$1659.0 bp −$590181.3 bp −$18.1K482.3 bp −$241.2K

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-USDT+0.0080%4h1.0998+0.016%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.0982−0.126%$10.7M$25.5M5xas long as short
Gate BR_USDT+0.0100%4h1.0988−0.079%$7.4M$8.6M20xas long as short
Variational Omni BR+0.0100%4h1.1029+0.294%$261K$296Kas long as short
SunX BR-USDT+0.0100%4h1.1011+0.133%$695K10xas long as short
HTX BR-USDT+0.0100%4h1.1046+0.456%$85K$234K20xas long as short
KuCoin BRUSDTM+0.0192%4h1.0998+0.011%$4.8M$5.3M30xas long as short
Aster BRUSDT+0.0453%4h1.0999+0.028%$720K$2.7M5xas long as short
Bitget BRUSDTlong+0.0544%4h1.0996long leg$8.0M$12.4M10x
Binance BRUSDT+0.1280%4h1.1005+0.080%$52.7M$160.3M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDTshort+0.1286%4h1.1019+0.211%$15.2M$7.4M100x