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

FIDA

all FIDA 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: MEXC against Bitget−0.255%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.255%, 7d avg −0.034%
Together, before fees+0.247%+$25 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 0.221% cheaper against Bitget than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FIDAUSDT0.021580.0100pay 0.0050% / 4h2h 09m$531K$350K25x
ShortMEXC FIDA_USDT0.021520.0100get 0.0050% / 4h2h 09m$736K$189K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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: −0.255% → −0.034%
−$22.1
Slippage, 4 orders
−$52.37
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$90.47
Costs to cover
0.684%
Break-even
never at this rate
Slippage from Bitget: live order book, 55 min ago; MEXC: live order book, 51 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 Bitget live order book, 55 min ago10.86 bp24.3 bp −$24383.1 bp −$3,831doesn't fitdoesn't fit
Sell MEXC live order book, 51 min ago2.34 bp6.3 bp −$641.0 bp −$410174.0 bp −$17.4K394.7 bp −$197.3K

FIDA on 9 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
Aster FIDAUSDT+0.0100%4h0.02154−0.163%$9K$6K5xas long as short
Binance FIDAUSDT+0.0100%4h0.02153−0.204%$1.4M$2.5M25xas long as short
Bybit FIDAUSDT+0.0100%4h0.02153−0.195%$459K$213K20xas long as short
MEXC FIDA_USDTshort+0.0100%4h0.02152−0.255%$736K$189K20x
Bitget FIDAUSDTlong+0.0100%4h0.02158long leg$531K$350K25x
BingX FIDA-USDT+0.0100%4h0.02156−0.070%$1.3Mas long as short
Variational Omni FIDA+0.0100%4h0.02156−0.087%$3K$401as long as short
Extended FIDA-USD+0.0104%1h0.02153−0.229%$3K$98K5xas long as short
Gate FIDA_USDT+0.0242%4h0.02155−0.116%$45K$36K10xas long as short