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

PTB

all PTB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.009%
Price spread now: BloFin against MEXC−0.103%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1141.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.103%, 7d avg −0.001%
Together, before fees+0.208%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.102% cheaper against MEXC than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.001%). If the spread goes back, that is −$10 on $10k: about 16 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PTB_USDT0.00097280.0646pay 0.0323% / 4h1h 07m$289K$543K20x
ShortBloFin PTB-USDT0.00097180.0668get 0.0334% / 4h1h 07m$392K$314K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.56
Price spread: −0.103% → −0.001%
−$10.22
Slippage, 4 orders
−$94.04
Fee MEXC: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$119.69
Costs to cover
1.140%
Break-even
190.6 days
Slippage from MEXC: live order book, 33 min ago; BloFin: live order book, 13 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, 33 min ago3.87 bp37.7 bp −$3883.4 bp −$834273.9 bp −$27.4Kdoesn't fit
Sell BloFin live order book, 13 min ago4.08 bp35.1 bp −$35doesn't fitdoesn't fitdoesn't fit

PTB on 10 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
Bybit PTBUSDT+0.0100%4h0.0009738+0.103%$1.4M$15.4M25xas long as short
Variational Omni PTB+0.0100%4h0.0009826+1.004%$28K$60Kas long as short
Gate PTB_USDT+0.0356%4h0.0009730+0.021%$1.7M$3.7M25xas long as short
KuCoin PTBUSDTM+0.0372%4h0.0009727−0.010%$1.5M$6.0M20xas long as short
Extended kPTB-USD+0.0640%1h0.0009717−0.108%$3K$29K5xas long as short
Binance PTBUSDT+0.0641%4h0.0009744+0.164%$6.7M$90.2M20xas long as short
MEXC PTB_USDTlong+0.0646%4h0.0009728long leg$289K$543K20x
BingX PTB-USDT+0.0648%4h0.0009738+0.103%$1.9Mas long as short
BloFin PTB-USDTshort+0.0668%4h0.0009718−0.103%$392K$314K20x
Aster PTBUSDT+0.0812%4h0.0009729+0.013%$69K$693K5xas long as short