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

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.049%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.692% 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)−0.104%−$10 · spread now +0.049%, 7d avg +0.041%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PORTAL_USDT0.020300.0100pay 0.0050% / 4h3h 02m$1.0M$419K50x
ShortBingX PORTAL-USDT0.020310.0100get 0.0050% / 4h3h 02m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
Price spread: +0.049% → +0.041%
$0.79
Slippage, 4 orders
−$55.19
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$68.4
Costs to cover
0.692%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: 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 MEXC live order book, 4 min ago2.46 bp10.8 bp −$1189.2 bp −$892329.6 bp −$33.0K579.2 bp −$289.6K
Sell BingX live order book, 4 min ago7.38 bp25.7 bp −$26122.5 bp −$1,225705.4 bp −$70.5K864.4 bp −$432.2K

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+0.0079%4h0.02031+0.049%$212K$21K10xas long as short
Aster PORTALUSDT+0.0100%4h0.02029−0.027%$9K$32K5xas long as short
Binance PORTALUSDT+0.0100%4h0.02031+0.033%$3.3M$5.2M10xas long as short
Bybit PORTALUSDT+0.0100%4h0.02032+0.123%$1.3M$864K20xas long as short
MEXC PORTAL_USDTlong+0.0100%4h0.02030long leg$1.0M$419K50x
KuCoin PORTALUSDTM+0.0100%4h0.02032+0.099%$334K$104K10xas long as short
BingX PORTAL-USDTshort+0.0100%4h0.02031+0.049%$1.3M
Variational Omni PORTAL+0.0100%4h0.02035+0.230%$1K$7Kas long as short
Kraken Futures PF_PORTALUSD+0.3440%1h0.02032+0.088%$35K$200K10xas long as short