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+0.0001%/8h= +0.2% APRpaid last 24h +0.002%
Price spread now: BloFin against MEXC+0.146%94s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.406% 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)−0.174%−$17 · spread now +0.146%, 7d avg +0.096%
Together, before fees−0.146%−$15 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: BloFin is 0.050% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.096%. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MASK_USDT0.47960.0100pay 0.0100% / 8h3h 01m$1.1M$240K50x
ShortBloFin MASK-USDT0.48030.0101get 0.0051% / 4h3h 01m$126K$15K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$0.31
Price spread: +0.146% → +0.096%
$4.96
Slippage, 4 orders
−$24.56
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$35.29
Costs to cover
0.406%
Break-even
806.1 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 10 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 MEXC live order book, 4 min ago1.04 bp3.0 bp −$342.8 bp −$428829.3 bp −$82.9Kdoesn't fit
Sell BloFin live order book, 10 min ago6.22 bp18.5 bp −$1849.4 bp −$494doesn'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%4h0.4798+0.042%$2.5M$4.5M50xas long as short
Bybit MASKUSDT+0.0100%4h0.47960.000%$1.3M$875K50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4797+0.021%$506K$943K20xas long as short
Gate MASK_USDT+0.0100%8h0.4804+0.167%$278K$224K50xas long as short
MEXC MASK_USDTlong+0.0100%8h0.4796long leg$1.1M$240K50x
KuCoin MASKUSDTM+0.0100%4h0.4803+0.146%$591K$160K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4801+0.104%$513K$351K50xas long as short
BingX MASK-USDT+0.0100%4h0.4800+0.083%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4811+0.316%$22K$31as long as short
BloFin MASK-USDTshort+0.0101%4h0.4803+0.146%$126K$15K50x