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

C98

all C98 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.003%7-day average +0.017% · 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−$93as in the Price arb table
costs, in and out, $10k−$920.921% 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 4 days (all we have)−0.091%−$9 · spread now +0.003%, 7d avg +0.017%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC C98_USDT0.016440.0100pay 0.0100% / 8h6h 21m$276K$104K100x
ShortBinance C98USDT0.016440.0100get 0.0100% / 8h6h 21m$1.4M$1.9M50x

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
Price spread: +0.003% → +0.017%
−$1.38
Slippage, 4 orders
−$78.1
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$93.49
Costs to cover
0.921%
Break-even
never at this rate
Slippage from MEXC: live order book, 23 min ago; Binance: 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, 23 min ago3.06 bp13.5 bp −$1397.6 bp −$976309.0 bp −$30.9K659.1 bp −$329.6K
Sell Binance live order book, 5 min ago6.08 bp32.6 bp −$33118.6 bp −$1,186doesn't fitdoesn't fit

C98 on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance C98USDTshort+0.0100%8h0.01644+0.003%$1.4M$1.9M50x
Bybit C98USDT+0.0100%8h0.01643−0.061%$869K$245K25xas long as short
Gate C98_USDT+0.0100%8h0.01643−0.061%$106K$47K25xas long as short
MEXC C98_USDTlong+0.0100%8h0.01644long leg$276K$104K100x
KuCoin C98USDTM+0.0100%8h0.01643−0.061%$199K$36K20xas long as short
Bitget C98USDT+0.0100%8h0.01643−0.061%$189K$328K50xas long as short
Variational Omni C98+0.0100%8h0.01644−0.020%$8K$1as long as short
BloFin C98-USDT+0.0102%8h0.01643−0.061%$133K$9K50xas long as short
Kraken Futures PF_C98USD+0.2839%1h0.01649+0.293%$16K$4K10xas long as short