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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.732%
Price spread now: MEXC against Gate+0.645%7-day average +2.892% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$744as in the Price arb table
costs, in and out, $10k−$5195.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−8.270%−$827 on $10k
Price spread, last 7 days+0.228%+$23 · spread now +0.645%, 7d avg +2.892%
Together, before fees−8.042%−$804 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 2.247% cheaper against Gate than usual: you would sell low and buy high (−$225 if the spread goes back to its 7-day average of +2.892%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ONE_USDT0.004015−0.0812get 0.0812% / 8h32m 13s$1.6M$16.6M20x
ShortMEXC ONE_USDT0.004041−0.0864pay 0.0108% / 1h32m 13s$10.1M$16.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
−$10.92
Price spread: +0.645% → +2.892%
−$224.71
Slippage, 4 orders
−$499.85
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$754.48
Costs to cover
5.189%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 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 Gate live order book, 1 min ago4.95 bp263.4 bp −$2631813.6 bp −$18.1Kdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.12 bp18.1 bp −$1872.1 bp −$721263.0 bp −$26.3Kdoesn't fit

ONE 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
Variational Omni ONE−0.5416%1h0.004085+1.745%$100K$53Kas long as short
Bitget ONEUSDT−0.3224%1h0.004058+1.076%$1.7M$37.7M20xas long as short
BloFin ONE-USDT−0.1828%1h0.004077+1.544%$767K$3.1M50xas long as short
Aster ONEUSDT−0.1207%1h0.004013−0.038%$2.1M$8.5M5xas long as short
Binance ONEUSDT−0.0867%1h0.004033+0.453%$13.5M$363.7M50xas long as short
MEXC ONE_USDTshort−0.0864%1h0.004041+0.645%$10.1M$16.8M20x
Gate ONE_USDTlong−0.0812%8h0.004015long leg$1.6M$16.6M20x
BingX ONE-USDT−0.0088%1h0.004038+0.583%$6.6Mas long as short
KuCoin ONEUSDTM+0.3248%1h0.004229+5.330%$4.5M$13.1M30xas long as short