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−0.0338%/8h= −37.0% APRnext payment $1.69 per $10,000 · paid last 24h −0.050%
Price spread now: MEXC against Gate−0.110%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$560.563% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.713%−$71 on $10k
Price spread, last 7 days−0.108%−$11 · spread now −0.110%, 7d avg −0.214%
Together, before fees−0.821%−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.105% dearer against Gate than usual: you sell high and buy low (spread −0.110% now, against its 7-day average of −0.214%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FF_USDT0.12760.0100pay 0.0050% / 4h11m 46s$26.9M$2.1M50x
ShortMEXC FF_USDT0.1275−0.0238pay 0.0119% / 4h11m 46s$10.1M$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
−$70.98
Price spread: −0.110% → −0.214%
$10.46
Slippage, 4 orders
−$37.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$116.87
Costs to cover
0.563%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 1 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 Gate live order book, 2 min ago3.92 bp24.9 bp −$25684.0 bp −$6,840doesn't fitdoesn't fit
Sell MEXC live order book, 1 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−0.0274%4h0.1274−0.180%$2.3M$314K20xas long as short
MEXC FF_USDTshort−0.0238%4h0.1275−0.110%$10.1M$1.9M50x
Binance FFUSDT−0.0237%4h0.1275−0.133%$43.2M$25.5M20xas long as short
Bybit FFUSDT−0.0097%4h0.1275−0.094%$14.3M$6.9M20xas long as short
Aster FFUSDT+0.0100%4h0.1276+0.017%$1.2M$23K5xas long as short
Gate FF_USDTlong+0.0100%4h0.1276long leg$26.9M$2.1M50x
KuCoin FFUSDTM+0.0100%4h0.1277+0.078%$8.7M$5.6M20xas long as short
Bitget FFUSDT+0.0100%4h0.1276−0.024%$18.6M$1.7M5xas long as short
BingX FF-USDT+0.0100%4h0.1275−0.102%$6.8Mas long as short
SunX FF-USDT+0.0100%4h0.1273−0.227%$2K$1.7M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FF+0.0352%1h0.1279+0.204%$136K$42K3xas long as short