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: Bitget against OKX+0.021%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.215%−$22 · spread now +0.021%, 7d avg −0.070%
Together, before fees−0.150%−$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: Bitget is 0.091% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MASK-USDT-SWAP0.48200.0100pay 0.0100% / 8h2h 52m$496K$3.0M20x
ShortBitget MASKUSDT0.48210.0100get 0.0050% / 4h2h 52m$489K$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.021% → −0.070%
$9.11
Slippage, 4 orders
−$91.39
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$104.28
Costs to cover
1.134%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 4 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 OKX live order book, 5 min ago3.11 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.18 bp27.9 bp −$28157.4 bp −$1,574doesn'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%4h0.4822+0.044%$2.5M$9.7M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4819−0.021%$1.2M$1.8M50xas long as short
OKX MASK-USDT-SWAPlong+0.0100%8h0.4820long leg$496K$3.0M20x
Gate MASK_USDT+0.0100%8h0.4822+0.041%$271K$656K50xas long as short
MEXC MASK_USDT+0.0100%8h0.48200.000%$1.0M$310K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4831+0.228%$554K$205K50xas long as short
Bitget MASKUSDTshort+0.0100%4h0.4821+0.021%$489K$1.2M50x
BingX MASK-USDT+0.0100%4h0.4821+0.021%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4827+0.145%$23K$1as long as short
BloFin MASK-USDT+0.0112%4h0.48200.000%$128K$20K50xas long as short