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

SATS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: MEXC against BingX+0.081%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.081%, 7d avg −0.102%
Together, before fees−0.224%−$22 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: MEXC is 0.183% dearer against BingX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 10000SATS-USDT0.000000012270.0100pay 0.0050% / 4h2h 20m$5.6M
ShortMEXC SATS_USDT0.000000012280.0100get 0.0100% / 8h2h 20m$374K$189K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: +0.081% → −0.102%
$18.31
Slippage, 4 orders
−$104.22
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$103.91
Costs to cover
1.222%
Break-even
never at this rate
Slippage from BingX: live order book, 15 min ago; MEXC: live order book, 10 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 BingX live order book, 15 min ago12.23 bp33.6 bp −$34140.2 bp −$1,402760.2 bp −$76.0Kdoesn't fit
Sell MEXC live order book, 10 min ago8.20 bp27.8 bp −$28148.5 bp −$1,485261.0 bp −$26.1K557.0 bp −$278.5K

SATS on 8 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
Binance 1000SATSUSDT+0.0100%4h0.00000001229+0.163%$2.2M$5.6M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001230+0.236%$286K$888K13xas long as short
OKX SATS-USDT-SWAP+0.0100%8h0.00000001229+0.163%$807K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001226−0.081%$360K$260K25xas long as short
MEXC SATS_USDTshort+0.0100%8h0.00000001228+0.081%$374K$189K100x
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001226−0.081%$197K$89K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001229+0.163%$715K$248K25xas long as short
BingX 10000SATS-USDTlong+0.0100%4h0.00000001227long leg$5.6M