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

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC−0.020%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3083.085% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.020%, 7d avg −0.015%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NOT_USDT0.00050760.0100pay 0.0050% / 4h27m 43s$1.3M$433K200x
ShortBingX NOT-USDC0.00050750.0100get 0.0050% / 4h27m 43s$724K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
Price spread: −0.020% → −0.015%
−$0.45
Slippage, 4 orders
−$294.48
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$308.93
Costs to cover
3.085%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 16 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 ago1.97 bp16.4 bp −$1658.9 bp −$58991.2 bp −$9,124106.7 bp −$53.4K
Sell BingX live order book, 16 min ago5.96 bp151.6 bp −$152doesn't fitdoesn't fitdoesn't fit

NOT on 16 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
Variational Omni NOT−0.0375%4h0.0005062−0.274%$72K$39Kas long as short
KuCoin NOTUSDTM−0.0234%4h0.0005073−0.059%$471K$128K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.980%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0067%4h0.0005074−0.039%$110K$16K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005084+0.165%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005080+0.079%$360K$57K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005078+0.032%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005075−0.010%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005069−0.138%$2.1M$855K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005077+0.020%$643K$672K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005070−0.118%$141K$70K50xas long as short
MEXC NOT_USDTlong+0.0100%4h0.0005076long leg$1.3M$433K200x
Bitget NOTUSDT+0.0100%4h0.0005080+0.079%$673K$412K50xas long as short
BingX NOT-USDCshort+0.0100%4h0.0005075−0.020%$724K
Extended kNOT-USD+0.0104%1h0.0005074−0.037%$4K5xas long as short
Kraken Futures PF_NOTUSD+0.1695%1h0.0005095+0.369%$50K$9K10xas long as short