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

HAEDAL

all HAEDAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against MEXC−0.096%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$334as in the Price arb table
costs, in and out, $10k−$3303.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.355%−$35 on $10k
Price spread, last 4 days (all we have)−0.266%−$27 · spread now −0.096%, 7d avg −0.052%
Together, before fees−0.621%−$62 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: Bybit is 0.044% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC HAEDAL_USDT0.020940.0100pay 0.0050% / 4h1h 35m$163K$197K125x
ShortBybit HAEDALUSDT0.020920.0100get 0.0050% / 4h1h 35m$400K$231K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.096% → −0.052%
−$4.36
Slippage, 4 orders
−$314.95
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$334.31
Costs to cover
3.300%
Break-even
never at this rate
Slippage from MEXC: live order book, 65 min ago; Bybit: 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 MEXC live order book, 65 min ago4.80 bp25.5 bp −$26108.5 bp −$1,085238.6 bp −$23.9K536.1 bp −$268.0K
Sell Bybit live order book, 19 min ago7.16 bp139.1 bp −$139doesn't fitdoesn't fitdoesn't fit

HAEDAL on 8 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
Binance HAEDALUSDT+0.0100%4h0.02095+0.048%$1.5M$1.9M10xas long as short
Bybit HAEDALUSDTshort+0.0100%4h0.02092−0.096%$400K$231K13x
Gate HAEDAL_USDT+0.0100%4h0.02093−0.048%$72K$40K10xas long as short
MEXC HAEDAL_USDTlong+0.0100%4h0.02094long leg$163K$197K125x
KuCoin HAEDALUSDTM+0.0100%4h0.02090−0.191%$118K$53K10xas long as short
Bitget HAEDALUSDT+0.0100%4h0.02093−0.048%$195K$208K10xas long as short
BingX HAEDAL-USDT+0.0100%4h0.020940.000%$1.2Mas long as short
Variational Omni HAEDAL+0.0100%4h0.02095+0.052%$362$2Kas long as short