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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: MEXC against OKX+0.161%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$710.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.891%−$89 on $10k
Price spread, last 7 days−0.283%−$28 · spread now +0.161%, 7d avg 0.000%
Together, before fees−1.174%−$117 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 0.162% dearer against OKX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX F-USDT-SWAP0.0037210.0100pay 0.0050% / 4h1h 05m$744K$2.2M20x
ShortMEXC F_USDT0.0037270.0100get 0.0050% / 4h1h 05m$638K$181K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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: +0.161% → 0.000%
$16.16
Slippage, 4 orders
−$52.54
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$54.38
Costs to cover
0.705%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 5 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 OKX live order book, 2 min ago1.34 bp22.4 bp −$22156.9 bp −$1,569doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.34 bp11.7 bp −$1235.7 bp −$357156.2 bp −$15.6K470.6 bp −$235.3K

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
Gate F_USDT+0.0065%8h0.003725+0.107%$179K$1.4M25xas long as short
Aster FUSDT+0.0100%4h0.003726+0.145%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.003727+0.161%$4.0M$7.4M50xas long as short
Bybit FUSDT+0.0100%4h0.003725+0.107%$2.4M$2.5M25xas long as short
OKX F-USDT-SWAPlong+0.0100%4h0.003721long leg$744K$2.2M20x
MEXC F_USDTshort+0.0100%4h0.003727+0.161%$638K$181K50x
KuCoin FUSDTM+0.0100%4h0.003727+0.161%$785K$1.2M30xas long as short
Bitget FUSDT+0.0100%4h0.003727+0.161%$495K$976K50xas long as short
BingX F-USDT+0.0100%4h0.003724+0.081%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003719−0.054%$702$379as long as short