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+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against MEXC−0.063%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$740.737% 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+0.061%+$6 · spread now −0.063%, 7d avg +0.004%
Together, before fees+0.061%+$6 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: Binance is 0.066% cheaper against MEXC than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BR_USDT1.11760.1260pay 0.0630% / 4h57m 54s$15.4M$7.4M100x
ShortBinance BRUSDT1.11690.1262get 0.0631% / 4h57m 54s$53.5M$162.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.39
Price spread: −0.063% → +0.004%
−$6.62
Slippage, 4 orders
−$59.69
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.92
Costs to cover
0.737%
Break-even
1439.3 days
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 15 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 MEXC live order book, 6 min ago1.95 bp20.9 bp −$2154.8 bp −$548199.5 bp −$20.0K520.2 bp −$260.1K
Sell Binance live order book, 15 min ago0.99 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit

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%4h1.1172−0.037%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.1146−0.267%$10.9M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.1163−0.114%$7.5M$8.6M20xas long as short
Variational Omni BR+0.0100%4h1.1032−1.291%$261K$296Kas long as short
SunX BR-USDT+0.0100%4h1.1183+0.066%$693K10xas long as short
HTX BR-USDT+0.0100%4h1.1225+0.442%$86K$240K20xas long as short
KuCoin BRUSDTM+0.0220%4h1.1170−0.050%$4.9M$5.4M30xas long as short
Aster BRUSDT+0.0497%4h1.1186+0.086%$733K$2.7M5xas long as short
Bitget BRUSDT+0.0622%4h1.1163−0.112%$8.1M$12.6M10xas long as short
MEXC BR_USDTlong+0.1260%4h1.1176long leg$15.4M$7.4M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDTshort+0.1262%4h1.1169−0.063%$53.5M$162.5M25x