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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: MEXC against Bybit+0.136%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$730.725% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.492%−$49 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.136%, 7d avg −0.031%
Together, before fees−0.514%−$51 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 0.166% dearer against Bybit than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0036900.0100pay 0.0050% / 4h2h 27m$2.3M$2.2M25x
ShortMEXC F_USDT0.0036950.0100get 0.0050% / 4h2h 27m$596K$174K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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: +0.136% → −0.031%
$16.62
Slippage, 4 orders
−$53.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$55.91
Costs to cover
0.725%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 13 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 Bybit live order book, 5 min ago1.34 bp22.7 bp −$23162.9 bp −$1,629doesn't fitdoesn't fit
Sell MEXC live order book, 13 min ago1.36 bp13.9 bp −$1436.0 bp −$360146.7 bp −$14.7K691.5 bp −$345.8K

F on 10 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
Aster FUSDT+0.0100%4h0.003781+2.455%$15K$28K5xas long as short
Binance FUSDT+0.0100%4h0.003696+0.163%$3.8M$6.0M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003690long leg$2.3M$2.2M25x
OKX F-USDT-SWAP+0.0100%4h0.003691+0.027%$676K$2.1M20xas long as short
Gate F_USDT+0.0100%8h0.003696+0.163%$134K$1.3M25xas long as short
MEXC F_USDTshort+0.0100%4h0.003695+0.136%$596K$174K50x
KuCoin FUSDTM+0.0100%4h0.003701+0.298%$619K$1.1M30xas long as short
Bitget FUSDT+0.0100%4h0.003698+0.217%$461K$700K50xas long as short
BingX F-USDT+0.0100%4h0.003696+0.163%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003718+0.770%$651$366as long as short