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 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.017%
Price spread now: MEXC against Gate+0.081%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2772.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.065%+$7 · spread now +0.081%, 7d avg +0.104%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread +0.081% now, against its 7-day average of +0.104%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.012% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SATS_USDT0.000000012340.0100pay 0.0050% / 4h1h 37m$362K$264K25x
ShortMEXC SATS_USDT0.000000012350.0137get 0.0137% / 8h1h 37m$376K$187K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$7.77
Price spread: +0.081% → +0.104%
−$2.29
Slippage, 4 orders
−$254.42
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$271.94
Costs to cover
2.774%
Break-even
252.0 days
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 53 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 Gate live order book, 3 min ago4.06 bp111.4 bp −$11127672.7 bp −$276.7Kdoesn't fitdoesn't fit
Sell MEXC live order book, 53 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%4h0.00000001236+0.162%$2.2M$5.7M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001236+0.162%$285K$891K13xas long as short
Gate SATS_USDTlong+0.0100%4h0.00000001234long leg$362K$264K25x
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001235+0.081%$197K$89K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001238+0.324%$720K$253K25xas long as short
MEXC SATS_USDTshort+0.0137%8h0.00000001235+0.081%$376K$187K100x
OKX SATS-USDT-SWAP+0.0141%8h0.00000001236+0.162%$812K$3.1M10xas long as short
BingX 10000SATS-USDT+0.0144%4h0.00000001236+0.162%$5.6Mas long as short