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

ESPORTS

all ESPORTS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1873%/8h= −205.1% APRnext payment $9.36 per $10,000 · paid last 24h −0.136%
Price spread now: Bybit against MEXC+0.097%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1071.068% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.790%−$79 on $10k
Price spread, last 7 days+0.089%+$9 · spread now +0.097%, 7d avg +0.126%
Together, before fees−0.700%−$70 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$56 a day on $10k at the current rate, and Bybit is 0.029% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.790% in total (about -41.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $9.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ESPORTS_USDT0.010310.2366pay 0.1183% / 4h1h 28m$1.4M$185K20x
ShortBybit ESPORTSUSDT0.010320.0493get 0.0247% / 4h1h 28m$1.8M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$393.31
Price spread: +0.097% → +0.126%
−$2.87
Slippage, 4 orders
−$95.76
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$502.94
Costs to cover
1.068%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: 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 MEXC live order book, 3 min ago4.84 bp12.4 bp −$12107.8 bp −$1,078337.5 bp −$33.8Kdoesn't fit
Sell Bybit live order book, 3 min ago4.84 bp38.5 bp −$38571.5 bp −$5,715doesn't fitdoesn't fit

ESPORTS on 8 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 ESPORTSUSDTshort+0.0493%4h0.01032+0.097%$1.8M$1.1M10x
Gate ESPORTS_USDT+0.0744%4h0.01033+0.194%$368K$564K10xas long as short
Variational Omni ESPORTS+0.0848%4h0.01033+0.222%$31K$507as long as short
KuCoin ESPORTSUSDTM+0.1402%4h0.01032+0.097%$780K$42K10xas long as short
Aster ESPORTSUSDT+0.1821%4h0.01032+0.090%$126K$85K5xas long as short
Binance ESPORTSUSDT+0.2334%4h0.01030−0.084%$5.7M$4.6M10xas long as short
MEXC ESPORTS_USDTlong+0.2366%4h0.01031long leg$1.4M$185K20x
BingX ESPORTS-USDT+0.2500%4h0.010310.000%$1.4Mas long as short