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% APRpaid last 24h −0.005%
Price spread now: OKX against Bybit+0.062%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.062%, 7d avg −0.079%
Together, before fees−0.094%−$9 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 0.141% dearer against Bybit than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.079%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MASKUSDT0.48170.0100pay 0.0050% / 4h2h 01m$1.2M$1.8M50x
ShortOKX MASK-USDT-SWAP0.48200.0100get 0.0100% / 8h2h 01m$498K$3.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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: +0.062% → −0.079%
$14.11
Slippage, 4 orders
−$99.68
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$106.57
Costs to cover
1.207%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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 Bybit live order book, 5 min ago5.19 bp34.4 bp −$34101.8 bp −$1,018doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.11 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
Binance MASKUSDT+0.0100%4h0.4826+0.189%$2.5M$9.7M50xas long as short
Bybit MASKUSDTlong+0.0100%4h0.4817long leg$1.2M$1.8M50x
OKX MASK-USDT-SWAPshort+0.0100%8h0.4820+0.062%$498K$3.0M20x
Gate MASK_USDT+0.0100%8h0.4824+0.145%$271K$657K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4824+0.145%$1.0M$326K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4834+0.353%$597K$227K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4826+0.187%$504K$1.2M50xas long as short
BingX MASK-USDT+0.0100%4h0.4825+0.166%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4816−0.015%$23K$1as long as short
BloFin MASK-USDT+0.0121%4h0.4821+0.083%$128K$19K50xas long as short