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

SWARMS

all SWARMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: MEXC against Extended+0.006%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$291as in the Price arb table
costs, in and out, $10k−$2882.878% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.022%+$2 on $10k
Price spread, last 4 days (all we have)+0.355%+$35 · spread now +0.006%, 7d avg +0.036%
Together, before fees+0.377%+ Points / potential airdropExtended: Active · farm board+$38 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 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SWARMS-USD0.0081610.0312pay 0.0039% / 1h20m 18s$7K$208K5x
ShortMEXC SWARMS_USDT0.0081610.0312get 0.0156% / 4h2h 20m$150K$98K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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: +0.006% → +0.036%
−$3.06
Slippage, 4 orders
−$278.82
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$290.88
Costs to cover
2.878%
Break-even
never at this rate
Slippage from Extended: live order book, 28 min ago; MEXC: live order book, 23 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 Extended live order book, 28 min ago6.76 bp124.2 bp −$124859.8 bp −$8,598doesn't fitdoesn't fit
Sell MEXC live order book, 23 min ago1.85 bp3.9 bp −$430.5 bp −$305173.1 bp −$17.3K489.6 bp −$244.8K

SWARMS on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SWARMSUSDT+0.0100%4h0.008134−0.327%$30K$102K5xas long as short
Gate SWARMS_USDT+0.0100%4h0.008145−0.190%$940K$94K10xas long as short
BloFin SWARMS-USDT+0.0254%4h0.008163+0.030%$219K$8K20xas long as short
Binance SWARMSUSDT+0.0309%4h0.008164+0.047%$3.4M$3.4M20xas long as short
Extended SWARMS-USDlong+0.0312%1h0.008161long leg$7K$208K5x
MEXC SWARMS_USDTshort+0.0312%4h0.008161+0.006%$150K$98K100x
BingX SWARMS-USDT+0.0326%4h0.008159−0.019%$6.5Mas long as short
KuCoin SWARMSUSDTM+0.1048%4h0.008165+0.055%$766K$117K20xas long as short
Kraken Futures PF_SWARMSUSD+4.0043%1h0.008200+0.482%$9K$4510xas long as short