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

FORM

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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 0.000%
Price spread now: MEXC against Bitget+0.028%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$900.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.028%, 7d avg +0.032%
Together, before fees−0.125%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FORMUSDT0.36210.0100pay 0.0050% / 4h1h 55m$1.1M$7.7M50x
ShortMEXC FORM_USDT0.36220.0100get 0.0050% / 4h1h 55m$1.8M$8.2M100x

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: +0.028% → +0.032%
−$0.4
Slippage, 4 orders
−$74.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$90.66
Costs to cover
0.903%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 2 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, 3 min ago5.55 bp42.7 bp −$43136.8 bp −$1,368doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.77 bp9.3 bp −$924.2 bp −$242244.0 bp −$24.4Kdoesn't fit

FORM 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
gTrade (Gains Network) FORM/USDL −0.0007% / S +0.0008%1h0.3618−0.084%as long as short
BingX FORM-USDT+0.0070%4h0.3623+0.055%$3.5Mas long as short
Aster FORMUSDT+0.0100%4h0.3618−0.083%$45K$629K5xas long as short
Binance FORMUSDT+0.0100%4h0.3617−0.122%$19.2M$132.8M50xas long as short
Gate FORM_USDT+0.0100%4h0.3618−0.083%$830K$4.0M50xas long as short
MEXC FORM_USDTshort+0.0100%4h0.3622+0.028%$1.8M$8.2M100x
KuCoin FORMUSDTM+0.0100%4h0.3616−0.138%$379K$812K30xas long as short
Bitget FORMUSDTlong+0.0100%4h0.3621long leg$1.1M$7.7M50x
BloFin FORM-USDT+0.0143%4h0.3623+0.055%$1.0M$356K50xas long as short
Bybit FORMUSDT+0.0435%4h0.3619−0.052%$2.4M$11.3M20xas long as short