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

GMT

all GMT markets
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−0.012%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.012%, 7d avg −0.002%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GMTUSDT0.0083010.0100pay 0.0050% / 4h2h 38m$668K$405K50x
ShortMEXC GMT_USDT0.0083000.0100get 0.0050% / 4h2h 38m$410K$181K20x

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: −0.012% → −0.002%
−$0.96
Slippage, 4 orders
−$59.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$76.24
Costs to cover
0.753%
Break-even
never at this rate
Slippage from Bitget: live order book, 46 min ago; MEXC: live order book, 44 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, 46 min ago6.01 bp26.6 bp −$27193.6 bp −$1,936doesn't fitdoesn't fit
Sell MEXC live order book, 44 min ago1.80 bp10.1 bp −$1054.9 bp −$549262.4 bp −$26.2Kdoesn'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−0.1133%1h0.008303+0.028%$47K$8K20xas long as short
KuCoin GMTUSDTM+0.0072%4h0.008290−0.133%$256K$99K50xas long as short
Hyperliquid GMT+0.0100%1h0.008302+0.012%$122K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008302+0.010%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008302+0.012%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008295−0.072%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008300−0.012%$342K$552K20xas long as short
Gate GMT_USDT+0.0100%8h0.008310+0.108%$149K$102K50xas long as short
MEXC GMT_USDTshort+0.0100%4h0.008300−0.012%$410K$181K20x
Bitget GMTUSDTlong+0.0100%4h0.008301long leg$668K$405K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008298−0.036%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008304+0.037%$3K$5Kas long as short