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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h −0.002%
Price spread now: OKX against BloFin0.000%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now 0.000%, 7d avg −0.076%
Together, before fees−0.064%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.076% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48000.0075pay 0.0037% / 4h3h 00m$126K$15K50x
ShortOKX MASK-USDT-SWAP0.48000.0100get 0.0100% / 8h3h 00m$507K$942K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
$5.31
Price spread: 0.000% → −0.076%
$7.62
Slippage, 4 orders
−$57.93
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$67
Costs to cover
0.799%
Break-even
95.4 days
Slippage from BloFin: live order book, 11 min ago; OKX: live order book, 46 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 BloFin live order book, 11 min ago6.22 bp15.6 bp −$1647.8 bp −$478doesn't fitdoesn't fit
Sell OKX live order book, 46 min ago5.17 bp21.0 bp −$21doesn'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
BloFin MASK-USDTlong+0.0075%4h0.4800long leg$126K$15K50x
Binance MASKUSDT+0.0100%4h0.4802+0.047%$2.5M$4.5M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4798−0.042%$1.3M$871K50xas long as short
OKX MASK-USDT-SWAPshort+0.0100%8h0.48000.000%$507K$942K20x
Gate MASK_USDT+0.0100%8h0.4801+0.021%$278K$224K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4801+0.021%$1.1M$240K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4807+0.146%$591K$160K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4805+0.104%$514K$351K50xas long as short
BingX MASK-USDT+0.0100%4h0.4801+0.021%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4799−0.017%$22K$31as long as short