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

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against MEXC0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$2932.928% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now 0.000%, 7d avg +0.028%
Together, before fees+0.036%+$4 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: KuCoin is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PORTAL_USDT0.019730.0100pay 0.0050% / 4h39m 16s$880K$390K50x
ShortKuCoin PORTALUSDTM0.019730.0100get 0.0050% / 4h39m 16s$339K$114K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: 0.000% → +0.028%
−$2.76
Slippage, 4 orders
−$276.82
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$295.58
Costs to cover
2.928%
Break-even
never at this rate
Slippage from MEXC: live order book, 11 min ago; KuCoin: live order book, 43 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, 11 min ago2.54 bp14.7 bp −$15108.3 bp −$1,083333.5 bp −$33.3K643.7 bp −$321.9K
Sell KuCoin live order book, 43 min ago20.10 bp161.3 bp −$161doesn'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
BloFin PORTAL-USDT+0.0074%4h0.019730.000%$205K$18K10xas long as short
Aster PORTALUSDT+0.0100%4h0.01974+0.026%$12K$41K5xas long as short
Binance PORTALUSDT+0.0100%4h0.01973+0.023%$3.2M$5.2M10xas long as short
Bybit PORTALUSDT+0.0100%4h0.01975+0.081%$1.3M$897K20xas long as short
MEXC PORTAL_USDTlong+0.0100%4h0.01973long leg$880K$390K50x
KuCoin PORTALUSDTMshort+0.0100%4h0.019730.000%$339K$114K10x
BingX PORTAL-USDT+0.0100%4h0.01974+0.051%$1.3Mas long as short
Variational Omni PORTAL+0.0100%4h0.01975+0.078%$1K$6Kas long as short
Kraken Futures PF_PORTALUSD+0.0710%1h0.01975+0.105%$36K$207K10xas long as short