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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.06 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bitget−0.083%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$880.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.083%, 7d avg +0.144%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.227% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.144%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MASKUSDT0.48330.0100pay 0.0050% / 4h29m 15s$517K$331K50x
ShortBloFin MASK-USDT0.48290.0088get 0.0044% / 4h29m 15s$128K$15K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$2.53
Price spread: −0.083% → +0.144%
−$22.67
Slippage, 4 orders
−$64.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$113.62
Costs to cover
0.884%
Break-even
never at this rate
Slippage from Bitget: live order book, 7 min ago; BloFin: live order book, 62 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, 7 min ago7.30 bp25.3 bp −$25121.7 bp −$1,217doesn't fitdoesn't fit
Sell BloFin live order book, 62 min ago3.11 bp18.2 bp −$1865.7 bp −$657doesn'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
BloFin MASK-USDTshort+0.0088%4h0.4829−0.083%$128K$15K50x
Binance MASKUSDT+0.0100%4h0.4829−0.083%$2.6M$4.7M50xas long as short
Bybit MASKUSDT+0.0100%4h0.48330.000%$1.3M$905K50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4825−0.166%$508K$1.0M20xas long as short
Gate MASK_USDT+0.0100%8h0.4825−0.166%$278K$234K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4830−0.062%$1.0M$232K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4841+0.166%$596K$166K50xas long as short
Bitget MASKUSDTlong+0.0100%4h0.4833long leg$517K$331K50x
BingX MASK-USDT+0.0100%4h0.4831−0.041%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4830−0.059%$23K$31as long as short