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

GMT

all GMT 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 Binance+0.011%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.011%, 7d avg +0.005%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GMTUSDT0.0084830.0100pay 0.0050% / 4h1m 37s$2.8M$5.6M50x
ShortMEXC GMT_USDT0.0084840.0100get 0.0050% / 4h1m 37s$447K$220K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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: +0.011% → +0.005%
$0.54
Slippage, 4 orders
−$50.48
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.94
Costs to cover
0.645%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 19 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 Binance live order book, 6 min ago1.18 bp19.8 bp −$20127.9 bp −$1,279doesn't fitdoesn't fit
Sell MEXC live order book, 19 min ago0.59 bp9.0 bp −$965.2 bp −$652258.2 bp −$25.8Kdoesn't fit

GMT on 12 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
Kraken Futures PF_GMTUSD−0.1281%1h0.008487+0.048%$43K$13K20xas long as short
Variational Omni GMT−0.0184%8h0.008467−0.186%$4K$6Kas long as short
Bybit GMTUSDT−0.0123%8h0.008483−0.001%$1.1M$2.1M50xas long as short
KuCoin GMTUSDTM−0.0086%4h0.008480−0.037%$241K$204K50xas long as short
OKX GMT-USDT-SWAP+0.0061%4h0.008482−0.013%$389K$1.2M20xas long as short
Hyperliquid GMT+0.0100%1h0.008485+0.022%$120K$149K3xas long as short
Aster GMTUSDT+0.0100%4h0.008485+0.019%$7K$24K10xas long as short
Binance GMTUSDTlong+0.0100%4h0.008483long leg$2.8M$5.6M50x
Gate GMT_USDT+0.0100%8h0.008490+0.081%$138K$187K50xas long as short
MEXC GMT_USDTshort+0.0100%4h0.008484+0.011%$447K$220K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008495+0.140%$701K$647K50xas long as short
BingX GMT-USDT+0.0100%4h0.008485+0.022%$1.3Mas long as short