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

US

all US 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 +0.111%
Price spread now: MEXC against Gate+0.244%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1871.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.341%+$34 on $10k
Price spread, last 7 days−0.087%−$9 · spread now +0.244%, 7d avg +0.138%
Together, before fees+0.255%+$25 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 0.106% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate US_USDT0.016370.0100pay 0.0050% / 4h1h 54m$2.1M$544K20x
ShortMEXC US_USDT0.016410.0100get 0.0050% / 4h1h 54m$5.5M$114K100x

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: +0.244% → +0.138%
$10.64
Slippage, 4 orders
−$168.12
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$176.48
Costs to cover
1.871%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; MEXC: live order book, 3 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 Gate live order book, 3 min ago15.25 bp72.5 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.91 bp17.5 bp −$1762.7 bp −$627487.1 bp −$48.7Kdoesn't fit

US on 11 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
KuCoin USUSDTM−0.0108%4h0.01639+0.134%$4.2M$276K20xas long as short
Aster USUSDT+0.0100%4h0.01639+0.115%$12K$54K5xas long as short
Bybit USUSDT+0.0100%4h0.01640+0.196%$3.2M$844K20xas long as short
Gate US_USDTlong+0.0100%4h0.01637long leg$2.1M$544K20x
MEXC US_USDTshort+0.0100%4h0.01641+0.244%$5.5M$114K100x
Variational Omni US+0.0100%4h0.01642+0.340%$16K$3Kas long as short
Extended US-USD+0.0104%1h0.01640+0.209%$4K$141K5xas long as short
Binance USUSDT+0.0107%4h0.01640+0.202%$9.2M$3.1M10xas long as short
BloFin US-USDT+0.0108%4h0.01641+0.263%$481K$49K10xas long as short
BingX US-USDT+0.0370%4h0.01641+0.287%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0418%4h0.01643+0.373%$4.3M$243K10xas long as short