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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Bitget+0.062%7-day average +0.167% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.062%, 7d avg +0.167%
Together, before fees−0.162%−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.104% cheaper against Bitget than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.167%). If the spread goes back, that is −$10 on $10k: about 8.0 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MASKUSDT0.48230.0100pay 0.0050% / 4h2h 04m$504K$1.2M50x
ShortBloFin MASK-USDT0.48260.0143get 0.0072% / 4h2h 04m$128K$19K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$9.08
Price spread: +0.062% → +0.167%
−$10.43
Slippage, 4 orders
−$65.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$90.55
Costs to cover
0.892%
Break-even
76.8 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 8 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, 2 min ago9.33 bp23.1 bp −$23129.6 bp −$1,296doesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago1.04 bp11.9 bp −$1216.6 bp −$166doesn't fitdoesn't fit

MASK 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
Binance MASKUSDT+0.0100%4h0.4822−0.012%$2.5M$9.7M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4816−0.145%$1.2M$1.8M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4814−0.187%$498K$3.0M20xas long as short
Gate MASK_USDT+0.0100%8h0.4824+0.021%$271K$657K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4818−0.104%$1.0M$326K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4836+0.270%$598K$227K50xas long as short
Bitget MASKUSDTlong+0.0100%4h0.4823long leg$504K$1.2M50x
BingX MASK-USDT+0.0100%4h0.4820−0.062%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4816−0.139%$23K$1as long as short
BloFin MASK-USDTshort+0.0143%4h0.4826+0.062%$128K$19K50x