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

PLAY

all PLAY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0636%/8h= +69.6% APRnext payment +$3.18 per $10,000 · paid last 24h +0.061%
Price spread now: Gate against MEXC+0.247%7-day average +0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.548%+$55 on $10k
Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.247%, 7d avg +0.139%
Together, before fees+0.455%+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Gate is 0.108% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PLAY_USDT0.028310.0100pay 0.0050% / 4h29m 50s$7.8M$601K20x
ShortGate PLAY_USDT0.028380.0736get 0.0368% / 4h29m 50s$492K$526K10x

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
$133.56
Price spread: +0.247% → +0.139%
$10.79
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$125.35
Costs to cover
0.190%
Break-even
0.4 days
Slippage unknown: MEXC: live order book, 3 min ago; Gate: live order book, 26 min ago. Net counts fees only.

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, 3 min ago3.53 bp37.2 bp −$37116.1 bp −$1,161504.1 bp −$50.4Kdoesn't fit
Sell Gate live order book, 26 min ago7.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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%4h0.02822−0.318%$1.8M$1.0M5xas long as short
Binance PLAYUSDT+0.0100%4h0.02832+0.035%$4.5M$10.5M10xas long as short
MEXC PLAY_USDTlong+0.0100%4h0.02831long leg$7.8M$601K20x
Extended PLAY-USD+0.0104%1h0.02830−0.028%$1K$118K5xas long as short
Gate PLAY_USDTshort+0.0736%4h0.02838+0.247%$492K$526K10x