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

ONE

all ONE markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.3% APRnext payment +$0.62 per $10,000 · paid last 24h +0.513%
Price spread now: MEXC against Bitget−0.708%7-day average +0.305% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
Long on BitgetShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.223%+$22 on $10k
Price spread, last 7 days+1.353%+$135 · spread now −0.708%, 7d avg +0.305%
Together, before fees+1.576%+$158 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 1.013% cheaper against Bitget than usual: you would sell low and buy high (spread −0.708% now, against its 7-day average of +0.305%). If the spread goes back, that is −$101 on $10k: about 6.8 days of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.223% in total) that is about 32 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.223% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.62 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ONEUSDT0.004194−0.1144get 0.0143% / 1h4m 03s$2.0M$31.9M20x
ShortMEXC ONE_USDT0.004164−0.0648pay 0.0081% / 1h4m 03s$11.3M$15.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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
$104.16
Price spread: −0.708% → +0.305%
−$101.31
Slippage, 4 orders
−$91.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$104.29
Costs to cover
1.071%
Break-even
14.0 days
Slippage from Bitget: live order book, 5 min ago; MEXC: 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 Bitget live order book, 5 min ago6.49 bp34.8 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.12 bp21.2 bp −$2172.2 bp −$722264.2 bp −$26.4Kdoesn't fit

ONE 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
OKX ONE-USDT-SWAP−5.4123%1h0.005227+24.627%$6.2M$242.5M10xas long as short
Variational Omni ONE−0.6170%1h0.004096−2.331%$101K$51K—as long as short
Aster ONEUSDT−0.2108%1h0.004172−0.529%$2.2M$5.8M5xas long as short
BloFin ONE-USDT−0.1616%1h0.004109−2.039%$814K$2.4M50xas long as short
Bitget ONEUSDTlong−0.1144%1h0.004194long leg$2.0M$31.9M20x
Gate ONE_USDT−0.0921%8h0.004154−0.956%$1.8M$15.6M20xas long as short
Binance ONEUSDT−0.0680%1h0.004176−0.429%$14.6M$334.5M50xas long as short
MEXC ONE_USDTshort−0.0648%1h0.004164−0.708%$11.3M$15.5M20x
KuCoin ONEUSDTM−0.0128%1h0.004339+3.455%$4.1M$12.4M30xas long as short
BingX ONE-USDT−0.0056%1h0.004168−0.613%—$5.8M—as long as short