Funding arb · Price arb /

MASK

all MASK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Gate+0.124%7-day average −0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$871as in the Funding arb table

Net, price: spread back to 7d avg − costs−$849as in the Price arb table

costs, in and out, $10k−$8718.709% of the position

Long on Gate Short on KuCoin

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)−0.074%−$7 · spread now +0.124%, 7d avg −0.091%

Together, before fees−0.074%−$7 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 0.215% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.091%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MASK_USDT	0.4836	0.0100	pay 0.0100% / 8h	1h 45m	$272K	$656K	50x
Short	KuCoin MASKUSDTM	0.4842	0.0100	get 0.0050% / 4h	1h 45m	$598K	$228K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.124%Rate

Funding earned: $0
Price spread: +0.124% → −0.091%: $21.51
Slippage, 4 orders: −$843.9
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$849.4
Costs to cover: 8.709%
Break-even: never at this rate

Slippage from Gate: live order book, 36 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 36 min ago	8.28 bp	222.0 bp −$222	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 27 min ago	15.49 bp	290.9 bp −$291	doesn't fit	doesn't fit	doesn't fit

MASK on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MASK-USDT	+0.0045%	4h	0.4836	0.000%	$128K	$20K	50x	as long as short
Binance MASKUSDT	+0.0100%	4h	0.4842	+0.118%	$2.6M	$9.7M	50x	as long as short
Bybit MASKUSDT	+0.0100%	4h	0.4835	−0.021%	$1.3M	$1.8M	50x	as long as short
OKX MASK-USDT-SWAP	+0.0100%	8h	0.4839	+0.062%	$500K	$3.0M	20x	as long as short
Gate MASK_USDTlong	+0.0100%	8h	0.4836	long leg	$272K	$656K	50x
MEXC MASK_USDT	+0.0100%	8h	0.4838	+0.041%	$1.0M	$323K	50x	as long as short
KuCoin MASKUSDTMshort	+0.0100%	4h	0.4842	+0.124%	$598K	$228K	50x
Bitget MASKUSDT	+0.0100%	4h	0.4840	+0.083%	$507K	$1.2M	50x	as long as short
BingX MASK-USDT	+0.0100%	4h	0.4839	+0.062%	—	$2.3M	—	as long as short
Variational Omni MASK	+0.0100%	4h	0.4831	−0.112%	$23K	$1	—	as long as short