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

ID

all ID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: MEXC against Bybit+0.053%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.053%, 7d avg −0.027%
Together, before fees−0.266%−$27 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 0.080% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit IDUSDT0.038000.0100pay 0.0100% / 8h3h 20m$1.5M$1.1M25x
ShortMEXC ID_USDT0.038020.0100get 0.0050% / 4h3h 20m$411K$211K20x

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: +0.053% → −0.027%
$8.01
Slippage, 4 orders
−$86.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$93.94
Costs to cover
1.019%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 16 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, 1 min ago5.26 bp42.8 bp −$43516.3 bp −$5,163doesn't fitdoesn't fit
Sell MEXC live order book, 16 min ago2.61 bp9.4 bp −$925.8 bp −$258121.9 bp −$12.2K195.2 bp −$97.6K

ID 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
Aster IDUSDT+0.0100%4h0.03804+0.094%$9K$1K5xas long as short
Binance IDUSDT+0.0100%4h0.03801+0.030%$2.4M$3.8M50xas long as short
Bybit IDUSDTlong+0.0100%8h0.03800long leg$1.5M$1.1M25x
Gate ID_USDT+0.0100%4h0.03802+0.053%$254K$228K25xas long as short
MEXC ID_USDTshort+0.0100%4h0.03802+0.053%$411K$211K20x
KuCoin IDUSDTM+0.0100%4h0.03801+0.026%$1.1M$59K30xas long as short
Variational Omni ID+0.0100%8h0.03813+0.338%$12K$20Kas long as short
BloFin ID-USDT+0.0122%4h0.03816+0.421%$158K$13K50xas long as short
Bitget IDUSDT+0.0148%4h0.03808+0.211%$817K$642K50xas long as short
BingX ID-USDT+0.0200%4h0.038000.000%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0885%1h0.03804+0.098%$3K$3K10xas long as short