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: MEXC against KuCoin−0.145%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$415as in the Funding arb table
Net, price: spread back to 7d avg − costs−$424as in the Price arb table
costs, in and out, $10k−$4094.090% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.145%, 7d avg +0.001%
Together, before fees+0.039%+$4 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: MEXC is 0.146% cheaper against KuCoin than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MASKUSDTM0.48190.0100pay 0.0050% / 4h2h 42m$594K$171K50x
ShortMEXC MASK_USDT0.48120.0100get 0.0100% / 8h6h 42m$1.0M$231K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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% → +0.001%
−$14.64
Slippage, 4 orders
−$393.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$423.68
Costs to cover
4.090%
Break-even
never at this rate
Slippage from KuCoin: live order book, 70 min ago; MEXC: live order book, 8 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, 70 min ago13.40 bp174.8 bp −$175doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 8 min ago2.08 bp4.1 bp −$446.4 bp −$464825.3 bp −$82.5Kdoesn'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%4h0.4806−0.260%$2.5M$5.4M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4808−0.228%$1.3M$1.0M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4803−0.332%$500K$1.3M20xas long as short
Gate MASK_USDT+0.0100%8h0.4805−0.291%$279K$236K50xas long as short
MEXC MASK_USDTshort+0.0100%8h0.4812−0.145%$1.0M$231K50x
KuCoin MASKUSDTMlong+0.0100%4h0.4819long leg$594K$171K50x
Bitget MASKUSDT+0.0100%4h0.4813−0.125%$510K$359K50xas long as short
BingX MASK-USDT+0.0100%4h0.4815−0.083%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4792−0.565%$22K$21as long as short
BloFin MASK-USDT+0.0137%4h0.4812−0.145%$128K$15K50xas long as short