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

FRAX

all FRAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.137%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.137% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FRAX_USDT0.29110.0100pay 0.0050% / 4h52m 38s$44K$15K20x
ShortMEXC FRAX_USDT0.29150.0100get 0.0050% / 4h52m 38s$203K$106K50x

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
$0
Price spread: +0.137% → 0.000%
$13.74
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$5.26
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 23 min ago. Net counts fees only.

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 no order-book sample
Sell MEXC live order book, 23 min ago3.43 bp18.3 bp −$1893.9 bp −$939308.9 bp −$30.9Kdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FRAX on 7 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 FRAXUSDT+0.0100%4h0.2913+0.052%$22K$13K5xas long as short
Binance FRAXUSDT+0.0100%4h0.2914+0.103%$1.5M$725K50xas long as short
Gate FRAX_USDTlong+0.0100%4h0.2911long leg$44K$15K20x
MEXC FRAX_USDTshort+0.0100%4h0.2915+0.137%$203K$106K50x
KuCoin FRAXUSDTM+0.0100%4h0.2915+0.137%$84K$160K50xas long as short
Bitget FRAXUSDT+0.0100%4h0.2913+0.058%$141K$26K50xas long as short
BingX FRAX-USDT+0.0100%4h0.2912+0.034%$1.2Mas long as short