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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Bitget against OKX+0.103%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.103%, 7d avg −0.064%
Together, before fees−0.055%−$5 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: Bitget is 0.167% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MASK-USDT-SWAP0.48360.0100pay 0.0100% / 8h23m 52s$500K$3.1M20x
ShortBitget MASKUSDT0.48410.0100get 0.0050% / 4h23m 52s$510K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.103% → −0.064%
$16.69
Slippage, 4 orders
−$85.96
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.27
Costs to cover
1.080%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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 OKX live order book, 3 min ago2.06 bp20.8 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago9.27 bp26.5 bp −$27138.7 bp −$1,387doesn'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−0.0439%4h0.4837+0.021%$1.3M$1.9M50xas long as short
Variational Omni MASK−0.0209%4h0.4845+0.185%$23K$1as long as short
BloFin MASK-USDT+0.0063%4h0.4849+0.269%$128K$20K50xas long as short
Binance MASKUSDT+0.0100%4h0.4840+0.083%$2.6M$9.8M50xas long as short
OKX MASK-USDT-SWAPlong+0.0100%8h0.4836long leg$500K$3.1M20x
Gate MASK_USDT+0.0100%8h0.4843+0.145%$274K$658K50xas long as short
MEXC MASK_USDT+0.0100%8h0.48360.000%$1.1M$328K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4843+0.145%$599K$229K50xas long as short
Bitget MASKUSDTshort+0.0100%4h0.4841+0.103%$510K$1.4M50x
BingX MASK-USDT+0.0100%4h0.4842+0.124%$2.3Mas long as short