Funding arb · Price arb /

ALT

all ALT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: MEXC against Gate+0.013%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$597as in the Funding arb table

Net, price: spread back to 7d avg − costs−$599as in the Price arb table

costs, in and out, $10k−$5965.965% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.013%, 7d avg +0.042%

Together, before fees+0.071%+$7 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 0.028% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ALT_USDT	0.007480	0.0100	pay 0.0100% / 8h	7h 31m	$50K	$377K	25x
Short	MEXC ALT_USDT	0.007481	0.0100	get 0.0050% / 4h	3h 31m	$363K	$169K	50x

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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → +0.042%: −$2.85
Slippage, 4 orders: −$577.45
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$599.3
Costs to cover: 5.965%
Break-even: never at this rate

Slippage from Gate: live order book, 64 min ago; MEXC: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 64 min ago	2.67 bp	358.8 bp −$359	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 49 min ago	2.00 bp	13.5 bp −$14	67.2 bp −$672	271.2 bp −$27.1K	465.4 bp −$232.7K

ALT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ALT_USDC-PERPETUAL	+0.0017%	1h	0.007485	+0.067%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007691	+2.821%	$837	$22	5.5x	as long as short
BloFin ALT-USDT	+0.0044%	4h	0.007484	+0.053%	$168K	$8K	50x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007479	−0.013%	$1.1M	$132K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007480	+0.007%	$2.6M	$3.5M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007472	−0.107%	$1.2M	$1.7M	25x	as long as short
Gate ALT_USDTlong	+0.0100%	8h	0.007480	long leg	$50K	$377K	25x
MEXC ALT_USDTshort	+0.0100%	4h	0.007481	+0.013%	$363K	$169K	50x
KuCoin ALTUSDTM	+0.0100%	4h	0.007487	+0.094%	$144K	$20K	30x	as long as short
Bitget ALTUSDT	+0.0100%	4h	0.007469	−0.147%	$598K	$144K	50x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ALT-USDT	+0.0100%	4h	0.007476	−0.053%	—	$1.3M	—	as long as short
Variational Omni ALT	+0.0100%	4h	0.007483	+0.044%	$4K	$14K	—	as long as short
Kraken Futures PF_ALTUSD	+0.0383%	1h	0.007483	+0.036%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0576%	1h	0.007524	+0.588%	$13K	$2K	50x	as long as short