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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against OKX−0.021%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2782.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.021%, 7d avg +0.066%
Together, before fees+0.063%+$6 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: Gate is 0.086% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MASK-USDT-SWAP0.48330.0100pay 0.0100% / 8h3h 32m$511K$964K20x
ShortGate MASK_USDT0.48320.0100get 0.0100% / 8h3h 32m$278K$223K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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% → +0.066%
−$8.64
Slippage, 4 orders
−$253.21
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$286.85
Costs to cover
2.782%
Break-even
never at this rate
Slippage from OKX: live order book, 14 min ago; Gate: live order book, 18 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, 14 min ago5.17 bp24.8 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 18 min ago10.31 bp137.5 bp −$137doesn't fitdoesn'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+0.0095%4h0.4832−0.021%$127K$15K50xas long as short
Binance MASKUSDT+0.0100%4h0.4835+0.037%$2.5M$4.5M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4834+0.021%$1.3M$888K50xas long as short
OKX MASK-USDT-SWAPlong+0.0100%8h0.4833long leg$511K$964K20x
Gate MASK_USDTshort+0.0100%8h0.4832−0.021%$278K$223K50x
MEXC MASK_USDT+0.0100%8h0.4831−0.041%$1.1M$234K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4838+0.103%$596K$160K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4839+0.124%$516K$351K50xas long as short
BingX MASK-USDT+0.0100%4h0.4834+0.021%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4832−0.017%$23K$31as long as short