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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0904%/8h= +99.0% APRnext payment +$4.52 per $10,000 · paid last 24h +0.174%
Price spread now: MEXC against Bitget−0.134%7-day average +0.169% · you buy dearer than you sell
Net, funding: paid 7d − costs+$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.682%+$168 on $10k
Price spread, last 7 days+0.138%+$14 · spread now −0.134%, 7d avg +0.169%
Together, before fees+1.819%+$182 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.303% cheaper against Bitget than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.169%). If the spread goes back, that is −$30 on $10k: about 27 hours of funding at the current rate (+$27 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRUSDT1.10400.0280pay 0.0140% / 4h3h 35m$8.1M$12.5M10x
ShortMEXC BR_USDT1.10260.1184get 0.0592% / 4h3h 35m$15.1M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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
$189.84
Price spread: −0.134% → +0.169%
−$30.34
Slippage, 4 orders
−$105.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
$38.37
Costs to cover
1.211%
Break-even
5.6 days
Slippage from Bitget: 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 Bitget live order book, 3 min ago4.97 bp27.7 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.55 bp34.0 bp −$3457.7 bp −$577184.0 bp −$18.4K506.8 bp −$253.4K

BR 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
BingX BR-USDT+0.0080%4h1.1023−0.159%$6.2Mas long as short
Bybit BRUSDT+0.0100%4h1.1013−0.248%$10.7M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.1005−0.322%$7.4M$8.7M20xas long as short
Variational Omni BR+0.0100%4h1.1008−0.293%$258K$296Kas long as short
SunX BR-USDT+0.0100%4h1.1026−0.127%$717K10xas long as short
HTX BR-USDT+0.0100%4h1.1056+0.144%$84K$248K20xas long as short
KuCoin BRUSDTM+0.0128%4h1.1012−0.257%$4.8M$5.3M30xas long as short
Bitget BRUSDTlong+0.0280%4h1.1040long leg$8.1M$12.5M10x
Aster BRUSDT+0.0488%4h1.1011−0.270%$673K$2.9M5xas long as short
MEXC BR_USDTshort+0.1184%4h1.1026−0.134%$15.1M$7.4M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1199%4h1.1026−0.136%$52.8M$162.1M25xas long as short