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

FF

all FF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.6% APRnext payment $0.80 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Bybit−0.016%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 7 days+0.089%+$9 · spread now −0.016%, 7d avg −0.026%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FFUSDT0.1274−0.0074get 0.0037% / 4h8m 24s$14.3M$6.9M20x
ShortMEXC FF_USDT0.1274−0.0234pay 0.0117% / 4h8m 24s$10.1M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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
−$33.69
Price spread: −0.016% → −0.026%
$1.06
Slippage, 4 orders
−$68.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$115.82
Costs to cover
0.832%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 4 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 Bybit live order book, 5 min ago0.39 bp38.3 bp −$38294.9 bp −$2,949doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.79 bp6.3 bp −$636.5 bp −$365228.5 bp −$22.9Kdoesn't fit

FF 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
BloFin FF-USDT−0.0241%4h0.1275+0.039%$2.3M$314K20xas long as short
Binance FFUSDT−0.0236%4h0.1274−0.028%$43.1M$25.4M20xas long as short
MEXC FF_USDTshort−0.0234%4h0.1274−0.016%$10.1M$1.9M50x
Bybit FFUSDTlong−0.0074%4h0.1274long leg$14.3M$6.9M20x
Aster FFUSDT+0.0100%4h0.1276+0.090%$1.2M$23K5xas long as short
Gate FF_USDT+0.0100%4h0.1276+0.126%$26.9M$2.1M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1277+0.220%$8.7M$5.6M20xas long as short
Bitget FFUSDT+0.0100%4h0.1276+0.110%$18.6M$1.6M5xas long as short
BingX FF-USDT+0.0100%4h0.12740.000%$6.8Mas long as short
SunX FF-USDT+0.0100%4h0.1273−0.126%$2K$1.7M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0368%1h0.1278+0.275%$135K$42K3xas long as short