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

T

all T markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0001%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.028%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$490.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.081%−$8 · spread now +0.028%, 7d avg −0.013%
Together, before fees−0.099%−$10 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 0.042% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TUSDT0.005227−0.0205get 0.0103% / 4h1h 41m$3.3M$7.4M50x
ShortMEXC T_USDT0.005228−0.0204pay 0.0102% / 4h1h 41m$3.2M$204K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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
$0.29
Price spread: +0.028% → −0.013%
$4.17
Slippage, 4 orders
−$34.62
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$44.16
Costs to cover
0.486%
Break-even
1073.7 days
Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 6 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 Binance live order book, 13 min ago0.96 bp13.6 bp −$1439.3 bp −$393doesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago0.96 bp10.8 bp −$1147.4 bp −$474132.8 bp −$13.3Kdoesn't fit

T 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
Kraken Futures PF_TUSD−0.2925%1h0.005219−0.147%$2K$2K10xas long as short
Variational Omni T−0.0310%4h0.005202−0.477%$8K$9Kas long as short
KuCoin TUSDTM−0.0266%4h0.005221−0.106%$1.4M$76K12xas long as short
Gate T_USDT−0.0240%4h0.005219−0.144%$215K$78K20xas long as short
Bitget TUSDT−0.0222%4h0.005220−0.125%$893K$502K50xas long as short
Binance TUSDTlong−0.0205%4h0.005227long leg$3.3M$7.4M50x
MEXC T_USDTshort−0.0204%4h0.005228+0.028%$3.2M$204K20x
Bybit TUSDT−0.0004%4h0.005233+0.124%$1.6M$1.5M25xas long as short