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: Bybit against MEXC+0.088%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$295as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2862.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$9 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.088%, 7d avg +0.085%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PORTAL_USDT0.020340.0100pay 0.0050% / 4h3h 48m$1.1M$401K50x
ShortBybit PORTALUSDT0.020360.0100get 0.0050% / 4h3h 48m$1.3M$872K20x

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
Price spread: +0.088% → +0.085%
$0.38
Slippage, 4 orders
−$271.4
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$286.02
Costs to cover
2.864%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Bybit: 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 MEXC live order book, 2 min ago2.46 bp13.2 bp −$1392.9 bp −$929329.3 bp −$32.9K603.5 bp −$301.7K
Sell Bybit live order book, 2 min ago1.23 bp122.9 bp −$123doesn't fitdoesn't fitdoesn't fit

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
Aster PORTALUSDT+0.0100%4h0.02033−0.071%$10K$31K5xas long as short
Binance PORTALUSDT+0.0100%4h0.02035+0.053%$3.3M$5.2M10xas long as short
Bybit PORTALUSDTshort+0.0100%4h0.02036+0.088%$1.3M$872K20x
MEXC PORTAL_USDTlong+0.0100%4h0.02034long leg$1.1M$401K50x
KuCoin PORTALUSDTM+0.0100%4h0.020340.000%$332K$110K10xas long as short
BingX PORTAL-USDT+0.0100%4h0.02035+0.049%$1.3Mas long as short
Variational Omni PORTAL+0.0100%4h0.02035+0.030%$1K$7Kas long as short
BloFin PORTAL-USDT+0.0138%4h0.02035+0.049%$212K$21K10xas long as short
Kraken Futures PF_PORTALUSD+0.3430%1h0.02037+0.170%$41K$190K10xas long as short