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

JOE

all JOE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.035%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.035%, 7d avg 0.000%
Together, before fees+0.099%+$10 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 0.036% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance JOEUSDT0.036630.0100pay 0.0100% / 8h5h 13m$1.7M$4.0M25x
ShortMEXC JOE_USDT0.036620.0100get 0.0100% / 8h5h 13m$253K$181K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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: −0.035% → 0.000%
−$3.59
Slippage, 4 orders
−$102.85
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$120.44
Costs to cover
1.169%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; MEXC: live order book, 31 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 Binance live order book, 8 min ago1.36 bp28.7 bp −$29298.2 bp −$2,982doesn't fitdoesn't fit
Sell MEXC live order book, 31 min ago2.73 bp25.7 bp −$26122.9 bp −$1,229428.2 bp −$42.8Kdoesn't fit

JOE on 5 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 JOEUSDTlong+0.0100%8h0.03663long leg$1.7M$4.0M25x
Gate JOE_USDT+0.0100%8h0.03662−0.035%$82K$68K20xas long as short
MEXC JOE_USDTshort+0.0100%8h0.03662−0.035%$253K$181K50x
KuCoin JOEUSDTM+0.0100%8h0.03658−0.145%$244K$235K20xas long as short
Bitget JOEUSDT+0.0100%8h0.03665+0.046%$350K$309K10xas long as short