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% APRpaid last 24h −0.004%
Price spread now: Bybit against MEXC+0.080%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$740.742% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 4 days (all we have)+0.272%+$27 · spread now +0.080%, 7d avg +0.027%
Together, before fees+0.288%+$29 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 0.053% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ID_USDT0.037370.0100pay 0.0050% / 4h2h 48m$340K$135K20x
ShortBybit IDUSDT0.037400.0100get 0.0100% / 8h2h 48m$1.4M$1.0M25x

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: +0.080% → +0.027%
$5.34
Slippage, 4 orders
−$59.22
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$68.88
Costs to cover
0.742%
Break-even
never at this rate
Slippage from MEXC: live order book, 33 min ago; Bybit: live order book, 2 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, 33 min ago4.03 bp10.3 bp −$1022.8 bp −$228118.4 bp −$11.8K222.8 bp −$111.4K
Sell Bybit live order book, 2 min ago4.01 bp28.2 bp −$28442.0 bp −$4,420doesn't fitdoesn't fit

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
BloFin ID-USDT+0.0069%4h0.03741+0.107%$163K$11K50xas long as short
Aster IDUSDT+0.0100%4h0.03737+0.001%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03736−0.027%$2.4M$3.3M50xas long as short
Bybit IDUSDTshort+0.0100%8h0.03740+0.080%$1.4M$1.0M25x
MEXC ID_USDTlong+0.0100%4h0.03737long leg$340K$135K20x
Bitget IDUSDT+0.0100%4h0.03738+0.027%$772K$559K50xas long as short
BingX ID-USDT+0.0100%4h0.03739+0.054%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03735−0.066%$12K$20Kas long as short
KuCoin IDUSDTM+0.0290%4h0.03738+0.027%$1.0M$61K30xas long as short
Gate ID_USDT+0.0432%4h0.03736−0.027%$273K$209K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0442%1h0.03740+0.087%$4K$2K10xas long as short