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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.005%
Price spread now: Gate against BloFin−0.041%48s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2842.845% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.041%, 7d avg −0.005%
Together, before fees+0.200%+$20 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: Gate is 0.036% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48320.0106pay 0.0053% / 4h18m 13s$128K$15K50x
ShortGate MASK_USDT0.48300.0100get 0.0100% / 8h4h 18m$278K$235K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$1.27
Price spread: −0.041% → −0.005%
−$3.6
Slippage, 4 orders
−$257.48
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$289.34
Costs to cover
2.845%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 37 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 BloFin live order book, 3 min ago5.18 bp14.4 bp −$1440.2 bp −$402doesn't fitdoesn't fit
Sell Gate live order book, 37 min ago9.35 bp128.8 bp −$129doesn'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%4h0.4828−0.083%$2.6M$4.7M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4827−0.103%$1.3M$907K50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4825−0.145%$507K$1.0M20xas long as short
Gate MASK_USDTshort+0.0100%8h0.4830−0.041%$278K$235K50x
MEXC MASK_USDT+0.0100%8h0.4826−0.124%$1.0M$233K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4830−0.041%$595K$166K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4829−0.062%$517K$331K50xas long as short
BingX MASK-USDT+0.0100%4h0.4828−0.083%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4826−0.122%$23K$31as long as short
BloFin MASK-USDTlong+0.0106%4h0.4832long leg$128K$15K50x