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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.051%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1191.195% 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)+0.112%+$11 · spread now −0.051%, 7d avg +0.007%
Together, before fees+0.112%+$11 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: Bitget is 0.058% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC DEEP_USDT0.019730.0100pay 0.0050% / 4h2h 10m$1.1M$543K100x
ShortBitget DEEPUSDT0.019720.0100get 0.0050% / 4h2h 10m$819K$600K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.051% → +0.007%
−$5.76
Slippage, 4 orders
−$103.47
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$125.22
Costs to cover
1.195%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; Bitget: live order book, 55 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, just now5.07 bp15.1 bp −$1551.6 bp −$516251.8 bp −$25.2Kdoesn't fit
Sell Bitget live order book, 55 min ago4.88 bp33.6 bp −$34185.6 bp −$1,856doesn't fitdoesn't fit

DEEP 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
Binance DEEPUSDT+0.0100%4h0.019730.000%$2.1M$6.2M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01968−0.253%$4.2M$2.8M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01972−0.051%$305K$98K50xas long as short
MEXC DEEP_USDTlong+0.0100%4h0.01973long leg$1.1M$543K100x
KuCoin DEEPUSDTM+0.0100%4h0.01984+0.558%$1.8M$92K20xas long as short
Bitget DEEPUSDTshort+0.0100%4h0.01972−0.051%$819K$600K50x
BingX DEEP-USDT+0.0100%4h0.01971−0.101%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01972−0.068%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01973−0.022%$3K$204K5xas long as short
Bluefin DEEP-PERP+0.0253%1h0.01976+0.152%$81K$13K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DEEPUSD+2.4398%1h0.01980+0.379%$7K$7K10xas long as short