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+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BloFin+0.144%80s7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$533as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5385.377% 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)−0.107%−$11 · spread now +0.144%, 7d avg −0.112%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and KuCoin is 0.256% dearer against BloFin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.112%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48570.0086pay 0.0043% / 4h35m 54s$129K$20K50x
ShortKuCoin MASKUSDTM0.48640.0100get 0.0050% / 4h35m 54s$602K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$2.87
Price spread: +0.144% → −0.112%
$25.6
Slippage, 4 orders
−$513.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$509.18
Costs to cover
5.377%
Break-even
1247.4 days
Slippage from BloFin: live order book, 25 min ago; KuCoin: live order book, 27 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, 25 min ago1.03 bp11.5 bp −$1144.5 bp −$445doesn't fitdoesn't fit
Sell KuCoin live order book, 27 min ago16.43 bp262.2 bp −$262doesn'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
Bybit MASKUSDT−0.0339%4h0.4854−0.062%$1.3M$1.9M50xas long as short
Variational Omni MASK−0.0086%4h0.4852−0.104%$23K$1as long as short
BloFin MASK-USDTlong+0.0086%4h0.4857long leg$129K$20K50x
Binance MASKUSDT+0.0100%4h0.4854−0.072%$2.6M$9.8M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4850−0.144%$501K$3.1M20xas long as short
Gate MASK_USDT+0.0100%8h0.4860+0.062%$275K$658K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4851−0.124%$1.1M$327K50xas long as short
KuCoin MASKUSDTMshort+0.0100%4h0.4864+0.144%$602K$230K50x
Bitget MASKUSDT+0.0100%4h0.4860+0.062%$512K$1.4M50xas long as short
BingX MASK-USDT+0.0100%4h0.4852−0.103%$2.3Mas long as short