Funding arb · Price arb /

MASK

all MASK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against MEXC+0.062%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$580.585% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.062%, 7d avg +0.009%

Together, before fees−0.040%−$4 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: OKX is 0.053% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MASK_USDT	0.4809	0.0100	pay 0.0100% / 8h	3h 05m	$1.1M	$239K	50x
Short	OKX MASK-USDT-SWAP	0.4812	0.0100	get 0.0100% / 8h	3h 05m	$509K	$953K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $0
Price spread: +0.062% → +0.009%: $5.35
Slippage, 4 orders: −$44.46
Fee MEXC: 2 bp × 2 orders: −$4
Fee OKX: 5 bp × 2 orders: −$10
Net: −$53.11
Costs to cover: 0.585%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 40 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 MEXC live order book, 5 min ago	4.15 bp	6.5 bp −$7	42.9 bp −$429	819.8 bp −$82.0K	doesn't fit
Sell OKX live order book, 40 min ago	5.17 bp	21.0 bp −$21	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	+0.0080%	4h	0.4817	+0.166%	$126K	$15K	50x	as long as short
Binance MASKUSDT	+0.0100%	4h	0.4812	+0.057%	$2.5M	$4.5M	50x	as long as short
Bybit MASKUSDT	+0.0100%	4h	0.4813	+0.083%	$1.3M	$880K	50x	as long as short
OKX MASK-USDT-SWAPshort	+0.0100%	8h	0.4812	+0.062%	$509K	$953K	20x
Gate MASK_USDT	+0.0100%	8h	0.4811	+0.042%	$277K	$224K	50x	as long as short
MEXC MASK_USDTlong	+0.0100%	8h	0.4809	long leg	$1.1M	$239K	50x
KuCoin MASKUSDTM	+0.0100%	4h	0.4812	+0.062%	$594K	$160K	50x	as long as short
Bitget MASKUSDT	+0.0100%	4h	0.4810	+0.021%	$514K	$352K	50x	as long as short
BingX MASK-USDT	+0.0100%	4h	0.4809	0.000%	—	$2.3M	—	as long as short
Variational Omni MASK	+0.0100%	4h	0.4811	+0.045%	$22K	$31	—	as long as short