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

CROSS

all CROSS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.034%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1421.420% 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−0.075%−$7 · spread now +0.034%, 7d avg −0.005%
Together, before fees−0.075%−$8 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: MEXC is 0.039% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CROSSUSDT0.14820.0100pay 0.0050% / 4h57m 48s$1.5M$3.2M40x
ShortMEXC CROSS_USDT0.14820.0100get 0.0050% / 4h57m 48s$319K$157K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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: +0.034% → −0.005%
$3.85
Slippage, 4 orders
−$128.02
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$138.17
Costs to cover
1.420%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 2 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 Binance live order book, 8 min ago2.02 bp42.8 bp −$43210.9 bp −$2,109doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.67 bp5.3 bp −$565.2 bp −$652263.3 bp −$26.3Kdoesn't fit

CROSS 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
Binance CROSSUSDTlong+0.0100%4h0.1482long leg$1.5M$3.2M40x
Bybit CROSSUSDT+0.0100%4h0.1483+0.094%$676K$684K20xas long as short
Gate CROSS_USDT+0.0100%4h0.1478−0.250%$183K$48K20xas long as short
MEXC CROSS_USDTshort+0.0100%4h0.1482+0.034%$319K$157K100x
KuCoin CROSSUSDTM+0.0100%4h0.1481−0.067%$271K$31K20xas long as short
Bitget CROSSUSDT+0.0100%4h0.1479−0.196%$1.2M$210K20xas long as short
BingX CROSS-USDT+0.0100%4h0.14820.000%$1.3Mas long as short
Variational Omni CROSS+0.0100%4h0.1483+0.088%$681$2Kas long as short