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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0964%/8h= −105.6% APRnext payment $1.21 per $10,000 · paid last 24h −0.266%
Price spread now: BloFin against MEXC+0.059%7-day average −0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−2.640%−$264 on $10k
Price spread, last 4 days (all we have)−1.055%−$105 · spread now +0.059%, 7d avg −0.140%
Together, before fees−3.695%−$369 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.200% dearer against MEXC than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.140%): +$20 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONE_USDT0.004042−0.0960get 0.0120% / 1h45m 11s$11.1M$15.0M20x
ShortBloFin ONE-USDT0.004044−0.1924pay 0.0241% / 1h45m 11s$794K$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$202.51
Price spread: +0.059% → −0.140%
$19.96
Slippage, 4 orders
−$62.06
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$260.61
Costs to cover
0.781%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: 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 MEXC live order book, 3 min ago0.12 bp19.6 bp −$2073.1 bp −$731307.9 bp −$30.8Kdoesn't fit
Sell BloFin live order book, 3 min ago2.09 bp13.6 bp −$14doesn't fitdoesn't fitdoesn't fit

ONE 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
OKX ONE-USDT-SWAP−5.5160%1h0.005169+27.895%$6.2M$237.6M10xas long as short
Variational Omni ONE−0.6490%1h0.004042+0.006%$100K$51Kas long as short
Aster ONEUSDT−0.2061%1h0.004044+0.037%$2.1M$5.8M5xas long as short
BloFin ONE-USDTshort−0.1924%1h0.004044+0.059%$794K$2.3M50x
Bitget ONEUSDT−0.1640%1h0.004078+0.878%$1.9M$31.8M20xas long as short
Binance ONEUSDT−0.0964%1h0.004047+0.116%$14.0M$334.6M50xas long as short
MEXC ONE_USDTlong−0.0960%1h0.004042long leg$11.1M$15.0M20x
Gate ONE_USDT−0.0766%8h0.004036−0.148%$1.7M$15.2M20xas long as short
KuCoin ONEUSDTM−0.0536%1h0.004225+4.527%$4.0M$12.4M30xas long as short
BingX ONE-USDT−0.0080%1h0.004058+0.406%$5.7Mas long as short