Funding arb · Price arb /

LYN

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Swap Backtest

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 −0.104%

Price spread now: Gate against MEXC+0.313%7-day average +0.255% · you sell dearer than you buy

Net, funding: paid 7d − costs−$832as in the Funding arb table

Net, price: spread back to 7d avg − costs−$775as in the Price arb table

costs, in and out, $10k−$7817.811% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.508%−$51 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.313%, 7d avg +0.255%

Together, before fees−0.516%−$52 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: Gate is 0.059% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.255%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC LYN_USDT	0.04150	0.0100	pay 0.0050% / 4h	2h 39m	$1.2M	$433K	50x
Short	Gate LYN_USDT	0.04163	0.0100	get 0.0050% / 4h	2h 39m	$284K	$248K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee MEXCbpFee GatebpOrdersPrice spread, now +0.313%Rate

Funding earned: $0
Price spread: +0.313% → +0.255%: $5.87
Slippage, 4 orders: −$766.09
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$775.22
Costs to cover: 7.811%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	4.80 bp	29.4 bp −$29	112.3 bp −$1,123	371.4 bp −$37.1K	doesn't fit
Sell Gate live order book, 2 min ago	20.26 bp	387.3 bp −$387	doesn't fit	doesn't fit	doesn't fit

LYN on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster LYNUSDT	+0.0100%	4h	0.04159	+0.208%	$25K	$27K	5x	as long as short
Binance LYNUSDT	+0.0100%	4h	0.04147	−0.072%	$6.5M	$9.1M	10x	as long as short
Gate LYN_USDTshort	+0.0100%	4h	0.04163	+0.313%	$284K	$248K	25x
MEXC LYN_USDTlong	+0.0100%	4h	0.04150	long leg	$1.2M	$433K	50x
KuCoin LYNUSDTM	+0.0100%	4h	0.04163	+0.313%	$1.2M	$163K	10x	as long as short
Extended LYN-USD	+0.0104%	1h	0.04148	−0.050%	$5K	$229K	5x	as long as short
Bitget LYNUSDT	+0.0222%	4h	0.04165	+0.361%	$1.8M	$670K	10x	as long as short
BloFin LYN-USDT	+0.0340%	4h	0.04188	+0.916%	$423K	$14K	20x	as long as short
Bybit LYNUSDT	+0.1303%	4h	0.04159	+0.217%	$2.0M	$2.2M	25x	as long as short
BingX LYN-USDT	+0.1406%	4h	0.04151	+0.024%	—	$6.7M	—	as long as short