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

UP

all UP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC+0.131%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2192.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.198%−$20 · spread now +0.131%, 7d avg +0.002%
Together, before fees−0.198%−$20 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: OKX is 0.129% dearer against MEXC than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC UP_USDT0.30510.0100pay 0.0050% / 4h30m 55s$5.2M$198K50x
ShortOKX UP-USDT-SWAP0.30550.0100get 0.0050% / 4h30m 55s$810K$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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: +0.131% → +0.002%
$12.86
Slippage, 4 orders
−$204.73
Fee MEXC: 2 bp × 2 orders
−$4
Fee OKX: 5 bp × 2 orders
−$10
Net
−$205.87
Costs to cover
2.187%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 1 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 MEXC live order book, 2 min ago6.55 bp9.7 bp −$1035.6 bp −$356522.4 bp −$52.2Kdoesn't fit
Sell OKX live order book, 1 min ago6.55 bp97.7 bp −$98381.1 bp −$3,811doesn't fitdoesn't fit

UP on 4 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
Aster UPUSDT+0.0100%1h0.3061+0.328%$137K$202K5xas long as short
OKX UP-USDT-SWAPshort+0.0100%4h0.3055+0.131%$810K$3.5M10x
Gate UP_USDT+0.0100%4h0.3063+0.393%$432K$134K10xas long as short
MEXC UP_USDTlong+0.0100%4h0.3051long leg$5.2M$198K50x