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

STONK

all STONK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1054%/8h= −115.4% APRnext payment $5.27 per $10,000 · paid last 24h −0.063%
Price spread now: MEXC against BingX−0.003%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1871.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.863%+$86 on $10k
Price spread, last 4 days (all we have)−0.458%−$46 · spread now −0.003%, 7d avg −0.086%
Together, before fees+0.405%+$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.083% dearer against BingX than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.086%): +$8 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.863%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX STONK-USDT0.32810.0936pay 0.0468% / 4h2h 19m$920K
ShortMEXC STONK_USDT0.3281−0.0118pay 0.0059% / 4h2h 19m$675K$1.0M20x

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
−$221.34
Price spread: −0.003% → −0.086%
$8.27
Slippage, 4 orders
−$157.06
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 10 bp × 2 orders
−$20
Net
−$400.14
Costs to cover
1.871%
Break-even
never at this rate
Slippage from BingX: live order book, 70 min ago; MEXC: 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 BingX live order book, 70 min ago13.29 bp64.5 bp −$65330.2 bp −$3,302doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago12.22 bp36.6 bp −$3771.7 bp −$717489.9 bp −$49.0Kdoesn't fit

STONK on 9 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
MEXC STONK_USDTshort−0.0118%4h0.3281−0.003%$675K$1.0M20x
Lighter STONK+0.0032%1h0.3287+0.183%$332K$517K5xas long as short
Bitget STONKUSDT+0.0100%4h0.3277−0.125%$376K$2.2M10xas long as short
BingX STONK-USDTlong+0.0936%4h0.3281long leg$920K
Bybit STONKUSDT+0.0936%4h0.3284+0.091%$1.5M$6.5M5xas long as short
Phoenix STONK+0.1073%1h0.3282+0.046%$200K$129K3xas long as short
BloFin STONK-USDT+0.1201%4h0.3277−0.122%$90K$188K5xas long as short
Aster STONKUSDT+0.4374%1h0.3292+0.334%$461K$1.1M10xas long as short
Gate STONK_USDT+0.4512%4h0.3286+0.146%$923K$2.1M10xas long as short