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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.265%
Price spread now: Gate against MEXC+0.040%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2272.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.867%+$87 on $10k
Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.040%, 7d avg +0.028%
Together, before fees+0.812%+$81 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PTB_USDT0.0012500.0836pay 0.0418% / 4h28m 56s$465K$1.2M20x
ShortGate PTB_USDT0.0012510.1164get 0.0582% / 4h28m 56s$2.1M$7.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$68.88
Price spread: +0.040% → +0.028%
$1.16
Slippage, 4 orders
−$203.61
Fee MEXC: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$156.57
Costs to cover
2.266%
Break-even
22.9 days
Slippage from MEXC: live order book, 2 min ago; Gate: 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, 2 min ago2.40 bp15.5 bp −$1674.8 bp −$748266.7 bp −$26.7Kdoesn't fit
Sell Gate live order book, 4 min ago10.07 bp90.1 bp −$90doesn'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%4h0.001248−0.136%$2.0M$27.5M25xas long as short
Variational Omni PTB+0.0100%4h0.001255+0.364%$41K$71Kas long as short
Aster PTBUSDT+0.0701%4h0.001252+0.120%$75K$1.0M5xas long as short
BingX PTB-USDT+0.0792%4h0.001253+0.232%$2.5Mas long as short
BloFin PTB-USDT+0.0803%4h0.001253+0.248%$534K$1.1M20xas long as short
MEXC PTB_USDTlong+0.0836%4h0.001250long leg$465K$1.2M20x
Binance PTBUSDT+0.0838%4h0.001250+0.011%$9.3M$184.6M20xas long as short
Extended kPTB-USD+0.0840%1h0.001248−0.185%$4K$45K5xas long as short
KuCoin PTBUSDTM+0.0862%4h0.001251+0.072%$2.0M$8.7M20xas long as short
Gate PTB_USDTshort+0.1164%4h0.001251+0.040%$2.1M$7.6M25x