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: KuCoin against OKX+0.250%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$513as in the Funding arb table
Net, price: spread back to 7d avg − costs−$493as in the Price arb table
costs, in and out, $10k−$5205.196% 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)−0.214%−$21 · spread now +0.250%, 7d avg −0.014%
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: KuCoin is 0.263% dearer against OKX than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MASK-USDT-SWAP0.48060.0100pay 0.0100% / 8h6h 02m$500K$1.2M20x
ShortKuCoin MASKUSDTM0.48180.0100get 0.0050% / 4h2h 02m$594K$168K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.250% → −0.014%
$26.32
Slippage, 4 orders
−$497.56
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$493.23
Costs to cover
5.196%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 35 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, 4 min ago4.16 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago9.37 bp296.6 bp −$297doesn't fitdoesn'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%4h0.4811+0.108%$2.5M$5.1M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4808+0.042%$1.3M$968K50xas long as short
OKX MASK-USDT-SWAPlong+0.0100%8h0.4806long leg$500K$1.2M20x
Gate MASK_USDT+0.0100%8h0.4808+0.042%$278K$238K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4808+0.042%$1.1M$244K50xas long as short
KuCoin MASKUSDTMshort+0.0100%4h0.4818+0.250%$594K$168K50x
Bitget MASKUSDT+0.0100%4h0.4815+0.187%$510K$333K50xas long as short
BingX MASK-USDT+0.0100%4h0.4811+0.104%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4804−0.038%$22K$21as long as short