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: BingX against KuCoin−0.166%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$523as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5235.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.166%, 7d avg +0.093%
Together, before fees+0.127%+$13 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: BingX is 0.259% cheaper against KuCoin than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MASKUSDTM0.48190.0100pay 0.0050% / 4h2h 16m$594K$171K50x
ShortBingX MASK-USDT0.48110.0100get 0.0050% / 4h2h 16m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.166% → +0.093%
−$25.93
Slippage, 4 orders
−$500.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$548.71
Costs to cover
5.228%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; BingX: live order book, 2 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 KuCoin live order book, 22 min ago9.37 bp179.2 bp −$179doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago8.32 bp23.7 bp −$2467.3 bp −$673434.8 bp −$43.5K510.5 bp −$255.3K

MASK on 9 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%4h0.4812−0.145%$2.5M$5.3M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4812−0.145%$1.3M$1.0M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4811−0.166%$501K$1.3M20xas long as short
Gate MASK_USDT+0.0100%8h0.4813−0.125%$279K$237K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4809−0.208%$1.1M$243K50xas long as short
KuCoin MASKUSDTMlong+0.0100%4h0.4819long leg$594K$171K50x
Bitget MASKUSDT+0.0100%4h0.4815−0.083%$510K$350K50xas long as short
BingX MASK-USDTshort+0.0100%4h0.4811−0.166%$2.3M
Variational Omni MASK+0.0100%4h0.4808−0.236%$23K$21as long as short