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

MASK

all MASK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against KuCoin−0.124%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$574as in the Price arb table
costs, in and out, $10k−$5535.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.124%, 7d avg +0.089%
Together, before fees+0.050%+$5 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: Bybit is 0.213% cheaper against KuCoin than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MASKUSDTM0.48320.0100pay 0.0050% / 4h2h 24m$596K$171K50x
ShortBybit MASKUSDT0.48260.0100get 0.0050% / 4h2h 24m$1.3M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.124% → +0.089%
−$21.27
Slippage, 4 orders
−$529.61
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$573.88
Costs to cover
5.526%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; Bybit: 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, 14 min ago9.37 bp179.2 bp −$179doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.18 bp36.7 bp −$3775.3 bp −$753doesn't fitdoesn't fit

MASK on 9 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%4h0.4828−0.083%$2.5M$5.3M50xas long as short
Bybit MASKUSDTshort+0.0100%4h0.4826−0.124%$1.3M$1.0M50x
OKX MASK-USDT-SWAP+0.0100%8h0.4826−0.124%$503K$1.3M20xas long as short
Gate MASK_USDT+0.0100%8h0.4828−0.083%$280K$237K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4830−0.041%$1.1M$235K50xas long as short
KuCoin MASKUSDTMlong+0.0100%4h0.4832long leg$596K$171K50x
Bitget MASKUSDT+0.0100%4h0.4829−0.062%$511K$355K50xas long as short
BingX MASK-USDT+0.0100%4h0.4830−0.041%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4824−0.172%$23K$21as long as short