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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.124%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$528as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5285.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.124%, 7d avg +0.047%
Together, before fees−0.016%−$2 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: KuCoin is 0.077% dearer against Bitget than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MASKUSDT0.48230.0100pay 0.0050% / 4h1h 29m$511K$332K50x
ShortKuCoin MASKUSDTM0.48290.0100get 0.0050% / 4h1h 29m$595K$167K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.124% → +0.047%
$7.74
Slippage, 4 orders
−$504.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$520.42
Costs to cover
5.282%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; KuCoin: live order book, 69 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, 11 min ago6.23 bp30.4 bp −$30175.4 bp −$1,754doesn't fitdoesn't fit
Sell KuCoin live order book, 69 min ago9.37 bp296.6 bp −$297doesn't fitdoesn'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%4h0.4819−0.083%$2.6M$4.9M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4826+0.062%$1.3M$940K50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4816−0.145%$501K$1.1M20xas long as short
Gate MASK_USDT+0.0100%8h0.4824+0.021%$278K$237K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4818−0.104%$1.1M$234K50xas long as short
KuCoin MASKUSDTMshort+0.0100%4h0.4829+0.124%$595K$167K50x
Bitget MASKUSDTlong+0.0100%4h0.4823long leg$511K$332K50x
BingX MASK-USDT+0.0100%4h0.4819−0.083%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4821−0.041%$22K$21as long as short
BloFin MASK-USDT+0.0122%4h0.4826+0.062%$128K$15K50xas long as short