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

THE

all THE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.79 per $10,000 · paid last 24h +0.048%
Price spread now: MEXC against Gate0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate THE_USDT0.081500.0100pay 0.0050% / 4h2h 39m$66K$75K10x
ShortMEXC THE_USDT0.081500.0258get 0.0129% / 4h2h 39m$201K$148K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$33.18
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
$14.18
Costs to cover
0.190%
Break-even
4.0 days
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell MEXC live order book, 46 min ago1.22 bp15.1 bp −$1580.5 bp −$805473.1 bp −$47.3Kdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

THE 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
Gate THE_USDTlong+0.0100%4h0.08150long leg$66K$75K10x
KuCoin THEUSDTM+0.0100%4h0.08146−0.049%$111K$110K10xas long as short
Bitget THEUSDT+0.0100%4h0.08143−0.086%$403K$382K10xas long as short
Aster THEUSDT+0.0169%4h0.08156+0.078%$5K$12K5xas long as short
Binance THEUSDT+0.0251%4h0.08152+0.025%$2.2M$4.8M10xas long as short
MEXC THE_USDTshort+0.0258%4h0.081500.000%$201K$148K50x
BloFin THE-USDT+0.0272%4h0.08211+0.748%$142K$5K50xas long as short
Bybit THEUSDT+0.0813%4h0.081500.000%$545K$462K20xas long as short
BingX THE-USDT+0.0930%4h0.08143−0.086%$6.5Mas long as short