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

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0585%/8h= −64.1% APRpaid last 24h −0.126%
Price spread now: Gate against MEXC−0.119%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1091.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.319%−$32 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.119%, 7d avg −0.107%
Together, before fees−0.380%−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.319% in total (about -16.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BTR_USDT0.050600.0882pay 0.0441% / 4h2h 41m$1.5M$148K20x
ShortGate BTR_USDT0.050540.0297get 0.0297% / 8h2h 41m$733K$289K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$122.85
Price spread: −0.119% → −0.107%
−$1.12
Slippage, 4 orders
−$93.67
Fee MEXC: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$232.64
Costs to cover
1.087%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago1.98 bp18.6 bp −$1963.8 bp −$638196.8 bp −$19.7Kdoesn't fit
Sell Gate live order book, 5 min ago7.91 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit

BTR on 8 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
Bybit BTRUSDT+0.0100%4h0.05056−0.079%$3.2M$1.1M25xas long as short
KuCoin BTRUSDTM+0.0100%4h0.05053−0.138%$1.4M$183K10xas long as short
HTX BTR-USDT+0.0100%4h0.05066+0.119%$11K$314K10xas long as short
Gate BTR_USDTshort+0.0297%8h0.05054−0.119%$733K$289K20x
Aster BTRUSDT+0.0637%4h0.05057−0.059%$90K$10K5xas long as short
BingX BTR-USDT+0.0854%4h0.05058−0.040%$6.5Mas long as short
Binance BTRUSDT+0.0875%4h0.05061+0.020%$5.4M$3.8M10xas long as short
MEXC BTR_USDTlong+0.0882%4h0.05060long leg$1.5M$148K20x