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

PLAY

all PLAY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.003%
Price spread now: MEXC against Extended+0.029%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2452.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.029%, 7d avg +0.005%
Together, before fees+0.117%+ Points / potential airdropExtended: Active · farm board+$12 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: MEXC is 0.024% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PLAY-USD0.028450.0520pay 0.0065% / 1h11m 00s$2K$155K5x
ShortMEXC PLAY_USDT0.028460.0522get 0.0261% / 4h3h 11m$7.9M$618K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
$0.42
Price spread: +0.029% → +0.005%
$2.38
Slippage, 4 orders
−$235.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$241.78
Costs to cover
2.446%
Break-even
4036.7 days
Slippage from Extended: live order book, 39 min ago; MEXC: live order book, 2 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 Extended live order book, 39 min ago7.32 bp71.3 bp −$71652.5 bp −$6,525doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.51 bp30.8 bp −$31111.5 bp −$1,115469.5 bp −$47.0Kdoesn't fit

PLAY on 5 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
Aster PLAYUSDT+0.0100%4h0.02844−0.042%$1.8M$1.0M5xas long as short
Extended PLAY-USDlong+0.0520%1h0.02845long leg$2K$155K5x
MEXC PLAY_USDTshort+0.0522%4h0.02846+0.029%$7.9M$618K20x
Binance PLAYUSDT+0.0522%4h0.02846+0.029%$4.5M$10.4M10xas long as short
Gate PLAY_USDT+0.2092%4h0.02856+0.380%$495K$563K10xas long as short