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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Gate against Bybit+0.204%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$446as in the Funding arb table
Net, price: spread back to 7d avg − costs−$433as in the Price arb table
costs, in and out, $10k−$4544.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.204%, 7d avg −0.006%
Together, before fees−0.210%−$21 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 0.210% dearer against Bybit than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MASKUSDT0.48950.0100pay 0.0050% / 4h2h 59m$1.3M$725K50x
ShortGate MASK_USDT0.49050.0100get 0.0100% / 8h6h 59m$282K$120K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.204% → −0.006%
$21
Slippage, 4 orders
−$428.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$433.17
Costs to cover
4.542%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 30 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 ago5.10 bp41.6 bp −$42126.9 bp −$1,269doesn't fitdoesn't fit
Sell Gate live order book, 30 min ago9.28 bp124.6 bp −$125doesn'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%4h0.4895+0.005%$2.5M$3.8M50xas long as short
Bybit MASKUSDTlong+0.0100%4h0.4895long leg$1.3M$725K50x
OKX MASK-USDT-SWAP+0.0100%8h0.4884−0.225%$522K$794K20xas long as short
Gate MASK_USDTshort+0.0100%8h0.4905+0.204%$282K$120K50x
MEXC MASK_USDT+0.0100%8h0.4897+0.041%$1.0M$211K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.48950.000%$598K$152K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4890−0.102%$527K$324K50xas long as short
BingX MASK-USDT+0.0100%4h0.4889−0.123%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4903+0.165%$23K$31as long as short
BloFin MASK-USDT+0.0137%4h0.4897+0.041%$125K$15K50xas long as short