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

SATS

all SATS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: OKX against MEXC+0.016%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.016%, 7d avg +0.010%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SATS_USDT0.000000012320.0131pay 0.0131% / 8h6h 20m$376K$185K100x
ShortOKX SATS-USDT-SWAP0.000000012320.0131get 0.0131% / 8h6h 20m$824K$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0.07
Price spread: +0.016% → +0.010%
$0.59
Slippage, 4 orders
−$119.9
Fee MEXC: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$137.25
Costs to cover
1.379%
Break-even
14606.6 days
Slippage from MEXC: live order book, 30 min ago; OKX: live order book, 2 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, 30 min ago12.17 bp31.4 bp −$31151.9 bp −$1,519283.3 bp −$28.3K595.7 bp −$297.8K
Sell OKX live order book, 2 min ago4.44 bp42.4 bp −$42doesn'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%4h0.00000001230−0.162%$2.1M$5.3M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001230−0.170%$284K$876K13xas long as short
Gate SATS_USDT+0.0100%4h0.00000001231−0.081%$360K$243K25xas long as short
KuCoin 10000SATSUSDTM+0.0100%4h0.00000001233+0.081%$202K$88K10xas long as short
Bitget 1000SATSUSDT+0.0100%4h0.00000001230−0.162%$721K$241K25xas long as short
MEXC SATS_USDTlong+0.0131%8h0.00000001232long leg$376K$185K100x
OKX SATS-USDT-SWAPshort+0.0131%8h0.00000001232+0.016%$824K$3.0M10x
BingX 10000SATS-USDT+0.0140%4h0.00000001231−0.081%$90.3Mas long as short