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: Binance against KuCoin−0.145%7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4314.307% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.145%, 7d avg +0.076%
Together, before fees+0.077%+$8 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: Binance is 0.221% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.076%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MASKUSDTM0.48430.0100pay 0.0050% / 4h2h 23m$598K$227K50x
ShortBinance MASKUSDT0.48360.0100get 0.0050% / 4h2h 23m$2.5M$9.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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% → +0.076%
−$22.07
Slippage, 4 orders
−$408.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$452.81
Costs to cover
4.307%
Break-even
never at this rate
Slippage from KuCoin: live order book, 58 min ago; Binance: 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 KuCoin live order book, 58 min ago9.30 bp185.7 bp −$186doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 1 min ago1.03 bp15.5 bp −$1641.0 bp −$410doesn'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-USDT+0.0088%4h0.4834−0.186%$128K$20K50xas long as short
Binance MASKUSDTshort+0.0100%4h0.4836−0.145%$2.5M$9.7M50x
Bybit MASKUSDT+0.0100%4h0.4833−0.206%$1.2M$1.8M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4829−0.289%$499K$3.0M20xas long as short
Gate MASK_USDT+0.0100%8h0.4831−0.248%$272K$657K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4833−0.206%$1.0M$324K50xas long as short
KuCoin MASKUSDTMlong+0.0100%4h0.4843long leg$598K$227K50x
Bitget MASKUSDT+0.0100%4h0.4838−0.103%$490K$1.2M50xas long as short
BingX MASK-USDT+0.0100%4h0.4834−0.186%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4826−0.344%$23K$1as long as short