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−0.0007%/8h= −0.8% APRpaid last 24h −0.017%
Price spread now: Gate against MEXC0.000%7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3483.481% 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)−0.182%−$18 · spread now 0.000%, 7d avg −0.102%
Together, before fees−0.194%−$19 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: Gate is 0.102% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SATS_USDT0.000000012500.0107pay 0.0107% / 8h3h 10m$389K$188K100x
ShortGate SATS_USDT0.000000012500.0100get 0.0050% / 4h3h 10m$367K$257K25x

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
−$1.47
Price spread: 0.000% → −0.102%
$10.17
Slippage, 4 orders
−$325.13
Fee MEXC: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$339.43
Costs to cover
3.481%
Break-even
never at this rate
Slippage from MEXC: live order book, 24 min ago; Gate: live order book, 39 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, 24 min ago12.04 bp35.4 bp −$35156.4 bp −$1,564296.3 bp −$29.6K597.7 bp −$298.8K
Sell Gate live order book, 39 min ago8.04 bp147.8 bp −$148doesn't fitdoesn't fitdoesn't fit

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%4h0.00000001249−0.080%$2.2M$5.6M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001250+0.016%$291K$896K13xas long as short
Gate SATS_USDTshort+0.0100%4h0.000000012500.000%$367K$257K25x
KuCoin 10000SATSUSDTM+0.0100%4h0.000000012500.000%$200K$90K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001251+0.080%$728K$249K25xas long as short
OKX SATS-USDT-SWAP+0.0105%8h0.00000001249−0.064%$823K$3.0M10xas long as short
MEXC SATS_USDTlong+0.0107%8h0.00000001250long leg$389K$188K100x
BingX 10000SATS-USDT+0.0112%4h0.00000001251+0.080%$5.8Mas long as short