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: Bitget against MEXC+0.012%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as 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
LongMEXC GMT_USDT0.0083000.0100pay 0.0050% / 4h2h 38m$410K$181K20x
ShortBitget GMTUSDT0.0083010.0100get 0.0050% / 4h2h 38m$668K$405K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$74.31
Costs to cover
0.753%
Break-even
never at this rate
Slippage from MEXC: live order book, 44 min ago; Bitget: live order book, 47 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 MEXC live order book, 44 min ago1.80 bp10.1 bp −$1046.8 bp −$468255.2 bp −$25.5Kdoesn't fit
Sell Bitget live order book, 47 min ago6.01 bp28.5 bp −$29338.4 bp −$3,384doesn't fitdoesn'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−0.1134%1h0.008301+0.012%$47K$8K20xas long as short
KuCoin GMTUSDTM+0.0072%4h0.008290−0.120%$256K$99K50xas long as short
Hyperliquid GMT+0.0100%1h0.008302+0.024%$122K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008302+0.020%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008302+0.024%$2.6M$3.0M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008295−0.060%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008298−0.024%$342K$551K20xas long as short
Gate GMT_USDT+0.0100%8h0.008310+0.120%$149K$102K50xas long as short
MEXC GMT_USDTlong+0.0100%4h0.008300long leg$410K$181K20x
Bitget GMTUSDTshort+0.0100%4h0.008301+0.012%$668K$405K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GMT-USDT+0.0100%4h0.008298−0.024%$1.2Mas long as short
Variational Omni GMT+0.0100%8h0.008304+0.049%$3K$5Kas long as short