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

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.050%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$730.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.050%, 7d avg −0.042%
Together, before fees−0.072%−$7 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 0.091% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PORTAL-USDT0.020140.0100pay 0.0050% / 4h1h 32m$1.3M
ShortMEXC PORTAL_USDT0.020150.0100get 0.0050% / 4h1h 32m$933K$387K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
Price spread: +0.050% → −0.042%
$9.14
Slippage, 4 orders
−$58.84
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.69
Costs to cover
0.728%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 4 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 BingX live order book, 4 min ago4.97 bp21.7 bp −$2283.7 bp −$837751.1 bp −$75.1K923.8 bp −$461.9K
Sell MEXC live order book, 4 min ago2.48 bp18.6 bp −$19126.8 bp −$1,268347.7 bp −$34.8K616.3 bp −$308.2K

PORTAL 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
BloFin PORTAL-USDT+0.0071%4h0.02013−0.050%$210K$22K10xas long as short
Aster PORTALUSDT+0.0100%4h0.02015+0.040%$11K$35K5xas long as short
Binance PORTALUSDT+0.0100%4h0.02013−0.050%$3.3M$5.1M10xas long as short
Bybit PORTALUSDT+0.0100%4h0.02014−0.010%$1.3M$886K20xas long as short
MEXC PORTAL_USDTshort+0.0100%4h0.02015+0.050%$933K$387K50x
BingX PORTAL-USDTlong+0.0100%4h0.02014long leg$1.3M
Variational Omni PORTAL+0.0100%4h0.02014−0.003%$1K$7Kas long as short
KuCoin PORTALUSDTM+0.0452%4h0.02012−0.099%$337K$108K10xas long as short
Kraken Futures PF_PORTALUSD+0.1884%1h0.02018+0.196%$42K$187K10xas long as short