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

MASK

all MASK 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 0.000%
Price spread now: KuCoin against BingX+0.228%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$403as in the Price arb table
costs, in and out, $10k−$4364.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.195%−$20 · spread now +0.228%, 7d avg −0.102%
Together, before fees−0.183%−$18 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: KuCoin is 0.330% dearer against BingX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MASK-USDT0.48300.0100pay 0.0050% / 4h2h 26m$2.3M
ShortKuCoin MASKUSDTM0.48410.0100get 0.0050% / 4h2h 26m$598K$227K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.228% → −0.102%
$33.01
Slippage, 4 orders
−$414.08
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$403.08
Costs to cover
4.361%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 56 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 BingX live order book, 2 min ago4.14 bp22.1 bp −$2270.4 bp −$704471.9 bp −$47.2K530.3 bp −$265.2K
Sell KuCoin live order book, 56 min ago9.30 bp208.2 bp −$208doesn't fitdoesn't fitdoesn't fit

MASK on 10 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 MASKUSDT+0.0100%4h0.4836+0.114%$2.5M$9.7M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4832+0.041%$1.2M$1.8M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4831+0.021%$499K$3.0M20xas long as short
Gate MASK_USDT+0.0100%8h0.4831+0.021%$272K$657K50xas long as short
MEXC MASK_USDT+0.0100%8h0.48300.000%$1.0M$324K50xas long as short
KuCoin MASKUSDTMshort+0.0100%4h0.4841+0.228%$598K$227K50x
Bitget MASKUSDT+0.0100%4h0.4829−0.021%$489K$1.2M50xas long as short
BingX MASK-USDTlong+0.0100%4h0.4830long leg$2.3M
Variational Omni MASK+0.0100%4h0.4815−0.305%$23K$1as long as short
BloFin MASK-USDT+0.0124%4h0.4834+0.083%$128K$20K50xas long as short