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

PEAQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC+0.040%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2112.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.040%, 7d avg −0.002%
Together, before fees+0.002%$0 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: Bybit is 0.041% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PEAQ_USDT0.03507−0.0131get 0.0131% / 8h1h 34m$879K$239K100x
ShortBybit PEAQUSDT0.03508−0.0129pay 0.0129% / 8h1h 34m$1.3M$1.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0.46
Price spread: +0.040% → −0.002%
$4.14
Slippage, 4 orders
−$191.66
Fee MEXC: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$206.05
Costs to cover
2.107%
Break-even
3172.2 days
Slippage from MEXC: live order book, 56 min ago; Bybit: 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, 56 min ago8.58 bp30.3 bp −$30106.1 bp −$1,061249.5 bp −$24.9Kdoesn't fit
Sell Bybit live order book, 1 min ago10.70 bp78.6 bp −$791369.1 bp −$13.7Kdoesn't fitdoesn't fit

PEAQ on 3 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 PEAQ−0.0158%8h0.03506−0.016%$103K$77Kas long as short
MEXC PEAQ_USDTlong−0.0131%8h0.03507long leg$879K$239K100x
Bybit PEAQUSDTshort−0.0129%8h0.03508+0.040%$1.3M$1.4M5x