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

ID

all ID 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 −0.039%
Price spread now: MEXC against Bitget0.000%7-day average −0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$660.661% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now 0.000%, 7d avg −0.138%
Together, before fees−0.197%−$20 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 0.138% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget IDUSDT0.037330.0100pay 0.0050% / 4h2h 56m$767K$560K50x
ShortMEXC ID_USDT0.037330.0100get 0.0050% / 4h2h 56m$340K$135K20x

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: 0.000% → −0.138%
$13.79
Slippage, 4 orders
−$50.14
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$52.35
Costs to cover
0.661%
Break-even
never at this rate
Slippage from Bitget: live order book, 28 min ago; MEXC: live order book, 25 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, 28 min ago5.36 bp24.0 bp −$24133.4 bp −$1,334doesn't fitdoesn't fit
Sell MEXC live order book, 25 min ago4.03 bp12.1 bp −$1228.5 bp −$285120.7 bp −$12.1K210.8 bp −$105.4K

ID 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
Aster IDUSDT+0.0100%4h0.03730−0.074%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03734+0.027%$2.4M$3.4M50xas long as short
Bybit IDUSDT+0.0100%8h0.03734+0.027%$1.4M$1.0M25xas long as short
MEXC ID_USDTshort+0.0100%4h0.037330.000%$340K$135K20x
Bitget IDUSDTlong+0.0100%4h0.03733long leg$767K$560K50x
BingX ID-USDT+0.0100%4h0.037330.000%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03732−0.025%$12K$20Kas long as short
BloFin ID-USDT+0.0148%4h0.03729−0.107%$163K$11K50xas long as short
KuCoin IDUSDTM+0.0276%4h0.03729−0.107%$1.0M$61K30xas long as short
Kraken Futures PF_IDUSD+0.0442%1h0.03734+0.038%$4K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ID_USDT+0.0452%4h0.03731−0.054%$269K$204K25xas long as short