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

F

all F 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 +0.062%
Price spread now: Bybit against MEXC−0.054%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$720.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.489%+$49 on $10k
Price spread, last 7 days−0.010%−$1 · spread now −0.054%, 7d avg +0.028%
Together, before fees+0.479%+$48 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: Bybit is 0.082% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC F_USDT0.0037130.0100pay 0.0050% / 4h1h 54m$635K$178K50x
ShortBybit FUSDT0.0037110.0100get 0.0050% / 4h1h 54m$2.4M$2.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.054% → +0.028%
−$8.18
Slippage, 4 orders
−$53.32
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$80.5
Costs to cover
0.723%
Break-even
never at this rate
Slippage from MEXC: live order book, 21 min ago; Bybit: live order book, 3 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, 21 min ago1.35 bp12.2 bp −$1234.8 bp −$348160.0 bp −$16.0K694.2 bp −$347.1K
Sell Bybit live order book, 3 min ago1.35 bp20.3 bp −$20141.8 bp −$1,418doesn't fitdoesn't fit

F on 10 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
Gate F_USDT+0.0010%8h0.003711−0.054%$179K$1.3M25xas long as short
OKX F-USDT-SWAP+0.0099%4h0.003710−0.081%$738K$2.2M20xas long as short
Aster FUSDT+0.0100%4h0.003710−0.084%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.0037130.000%$4.0M$7.6M50xas long as short
Bybit FUSDTshort+0.0100%4h0.003711−0.054%$2.4M$2.6M25x
MEXC F_USDTlong+0.0100%4h0.003713long leg$635K$178K50x
KuCoin FUSDTM+0.0100%4h0.003711−0.054%$780K$1.3M30xas long as short
Bitget FUSDT+0.0100%4h0.0037130.000%$494K$999K50xas long as short
BingX F-USDT+0.0100%4h0.003708−0.135%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003711−0.062%$699$379as long as short