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

GAS

all GAS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.093%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.868% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.093%, 7d avg +0.064%
Together, before fees+0.024%+$2 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 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GAS-USDT-SWAP1.39470.0100pay 0.0050% / 4h3h 47m$371K$263K20x
ShortMEXC GAS_USDT1.39600.0100get 0.0050% / 4h3h 47m$869K$128K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: +0.093% → +0.064%
$2.96
Slippage, 4 orders
−$72.78
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$83.83
Costs to cover
0.868%
Break-even
never at this rate
Slippage from OKX: live order book, 48 min ago; MEXC: live order book, 43 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 OKX live order book, 48 min ago2.16 bp31.0 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 43 min ago3.61 bp11.9 bp −$1236.2 bp −$362201.1 bp −$20.1K321.4 bp −$160.7K

GAS 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
BingX GAS-USDT+0.0070%4h1.3960+0.093%$2.3Mas long as short
BloFin GAS-USDT+0.0072%4h1.3960+0.093%$75K$24K75xas long as short
Hyperliquid GAS+0.0100%1h1.3970+0.168%$105K$59K3xas long as short
Binance GASUSDT+0.0100%4h1.3965+0.130%$1.5M$1.7M50xas long as short
Bybit GASUSDT+0.0100%4h1.3973+0.186%$838K$292K25xas long as short
OKX GAS-USDT-SWAPlong+0.0100%4h1.3947long leg$371K$263K20x
Gate GAS_USDT+0.0100%4h1.3940−0.050%$105K$46K25xas long as short
MEXC GAS_USDTshort+0.0100%4h1.3960+0.093%$869K$128K50x
KuCoin GASUSDTM+0.0100%4h1.39470.000%$182K$13K30xas long as short
Bitget GASUSDT+0.0100%4h1.3960+0.093%$392K$315K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GAS+0.0183%4h1.3962+0.109%$5K$2as long as short