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

TOWNS

all TOWNS 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 +0.009%
Price spread now: MEXC against Gate−0.095%7-day average · you buy dearer than you sell
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+0.094%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.095% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TOWNS_USDT0.0021150.0100pay 0.0050% / 4h42m 31s$72K$16K10x
ShortMEXC TOWNS_USDT0.0021130.0100get 0.0050% / 4h42m 31s$434K$137K100x

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
$0
Price spread: −0.095% → 0.000%
−$9.46
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$28.46
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 43 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, 43 min ago2.38 bp15.1 bp −$15102.9 bp −$1,029214.5 bp −$21.5Kdoesn'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.

TOWNS on 12 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
Coinbase International TOWNS-PERP-INTX−0.1040%1h0.002222+5.059%$83K$4K25xas long as short
BloFin TOWNS-USDT+0.0083%4h0.002117+0.095%$132K$4K10xas long as short
Aster TOWNSUSDT+0.0100%4h0.002114−0.040%$10K$5K5xas long as short
Binance TOWNSUSDT+0.0100%4h0.002113−0.103%$2.1M$1.3M10xas long as short
Bybit TOWNSUSDT+0.0100%4h0.002112−0.142%$385K$126K5xas long as short
Gate TOWNS_USDTlong+0.0100%4h0.002115long leg$72K$16K10x
MEXC TOWNS_USDTshort+0.0100%4h0.002113−0.095%$434K$137K100x
KuCoin TOWNSUSDTM+0.0100%4h0.002117+0.095%$252K$31K10xas long as short
Variational Omni TOWNS+0.0100%4h0.002119+0.170%$198$549as long as short
Bitget TOWNSUSDT+0.0278%4h0.002116+0.047%$349K$52K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX TOWNS-USDT+0.0284%4h0.002114−0.047%$2.3Mas long as short
Deribit TOWNS_USDC-PERPETUAL+0.3066%1h0.002118+0.142%25xas long as short