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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: OKX against Bitget−0.145%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1001.005% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.063%−$6 on $10k
Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.145%, 7d avg +0.059%
Together, before fees+0.276%+$28 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: OKX is 0.204% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MASKUSDT0.48250.0100pay 0.0050% / 4h1h 15m$511K$328K50x
ShortOKX MASK-USDT-SWAP0.48180.0100get 0.0100% / 8h5h 15m$502K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.145% → +0.059%
−$20.39
Slippage, 4 orders
−$78.48
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$120.87
Costs to cover
1.005%
Break-even
never at this rate
Slippage from Bitget: live order book, 25 min ago; OKX: live order book, 1 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, 25 min ago6.23 bp30.4 bp −$30175.4 bp −$1,754doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago3.11 bp23.9 bp −$24doesn'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%4h0.4821−0.079%$2.6M$4.9M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4819−0.124%$1.3M$914K50xas long as short
OKX MASK-USDT-SWAPshort+0.0100%8h0.4818−0.145%$502K$1.1M20x
Gate MASK_USDT+0.0100%8h0.4826+0.021%$278K$237K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4821−0.083%$1.1M$235K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4829+0.083%$595K$167K50xas long as short
Bitget MASKUSDTlong+0.0100%4h0.4825long leg$511K$328K50x
BingX MASK-USDT+0.0100%4h0.48250.000%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4829+0.074%$23K$21as long as short
BloFin MASK-USDT+0.0132%4h0.4826+0.021%$127K$15K50xas long as short