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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1299%/8h= +142.2% APRpaid last 24h −0.709%
Price spread now: Gate against MEXC−0.288%7-day average −2.892% · you buy dearer than you sell
Net, funding: paid 7d − costs+$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$5225.218% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+8.253%+$825 on $10k
Price spread, last 7 days−0.532%−$53 · spread now −0.288%, 7d avg −2.892%
Together, before fees+7.720%+$772 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Gate is 2.605% dearer against MEXC than usual: you sell high and buy low: +$260 more if the spread goes back to its 7-day average of −2.892%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONE_USDT0.004346−0.1704get 0.0213% / 1h17m 23s$10.9M$16.8M20x
ShortGate ONE_USDT0.004333−0.0405pay 0.0405% / 8h1h 17m$1.8M$16.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$272.79
Price spread: −0.288% → −2.892%
$260.48
Slippage, 4 orders
−$502.81
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$11.46
Costs to cover
5.218%
Break-even
6.7 days
Slippage from MEXC: live order book, 1 min ago; Gate: 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 MEXC live order book, 1 min ago0.12 bp18.5 bp −$1967.7 bp −$677262.9 bp −$26.3Kdoesn't fit
Sell Gate live order book, 1 min ago4.61 bp254.2 bp −$254doesn't fitdoesn't fitdoesn'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
KuCoin ONEUSDTM−1.6360%1h0.004790+10.229%$5.3M$13.0M30xas long as short
Variational Omni ONE−1.1979%1h0.004300−1.046%$106K$54Kas long as short
Bitget ONEUSDT−0.4632%1h0.004357+0.269%$1.8M$37.6M20xas long as short
BloFin ONE-USDT−0.3809%1h0.004336−0.216%$828K$3.3M50xas long as short
Aster ONEUSDT−0.1820%1h0.004336−0.219%$2.3M$8.5M5xas long as short
MEXC ONE_USDTlong−0.1704%1h0.004346long leg$10.9M$16.8M20x
Binance ONEUSDT−0.1697%1h0.004348+0.054%$14.5M$360.9M50xas long as short
Gate ONE_USDTshort−0.0405%8h0.004333−0.288%$1.8M$16.9M20x
BingX ONE-USDT−0.0152%1h0.004349+0.074%$6.6Mas long as short