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

US

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Extended against MEXC−0.019%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$276as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2742.738% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.019%, 7d avg −0.047%
Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.027% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC US_USDT0.016390.0800pay 0.0400% / 4h3h 16m$5.5M$114K100x
ShortExtended US-USD0.016390.0800get 0.0100% / 1h16m 03s$4K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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: −0.019% → −0.047%
$2.75
Slippage, 4 orders
−$264.85
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$271.1
Costs to cover
2.738%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 54 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, 1 min ago0.31 bp24.0 bp −$2461.8 bp −$618406.0 bp −$40.6Kdoesn't fit
Sell Extended live order book, 54 min ago6.71 bp104.9 bp −$105doesn't fitdoesn't fitdoesn'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
Bybit USUSDT+0.0100%4h0.01640+0.018%$3.2M$879K20xas long as short
Gate US_USDT+0.0100%4h0.01634−0.311%$2.0M$566K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01634−0.336%$4.2M$276K20xas long as short
Variational Omni US+0.0100%4h0.01640+0.027%$16K$3Kas long as short
Bitget USUSDT+0.0404%4h0.01640+0.067%$4.3M$250K10xas long as short
Aster USUSDT+0.0748%4h0.01636−0.203%$12K$53K5xas long as short
BloFin US-USDT+0.0780%4h0.01636−0.177%$478K$49K10xas long as short
BingX US-USDT+0.0784%4h0.01639+0.006%$1.3Mas long as short
Extended US-USDshort+0.0800%1h0.01639−0.019%$4K$95K5x
MEXC US_USDTlong+0.0800%4h0.01639long leg$5.5M$114K100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDT+0.0801%4h0.01639+0.003%$9.2M$3.1M10xas long as short