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+0.0495%/8h= +54.2% APRpaid last 24h −0.374%
Price spread now: Gate against MEXC−0.392%7-day average −2.875% · you buy dearer than you sell
Net, funding: paid 7d − costs+$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$4944.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+8.020%+$802 on $10k
Price spread, last 7 days−0.754%−$75 · spread now −0.392%, 7d avg −2.875%
Together, before fees+7.266%+$727 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Gate is 2.483% dearer against MEXC than usual: you sell high and buy low: +$248 more if the spread goes back to its 7-day average of −2.875%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ONE_USDT0.004111−0.1128get 0.0141% / 1h27m 23s$11.3M$15.1M20x
ShortGate ONE_USDT0.004095−0.0633pay 0.0633% / 8h3h 27m$1.8M$15.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$103.95
Price spread: −0.392% → −2.875%
$248.34
Slippage, 4 orders
−$475.46
Fee MEXC: 2 bp × 2 orders
−$4
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$142.18
Costs to cover
4.945%
Break-even
16.6 days
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago0.12 bp27.9 bp −$2881.0 bp −$810269.0 bp −$26.9Kdoesn't fit
Sell Gate live order book, 1 min ago4.93 bp292.6 bp −$293doesn'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−5.4156%1h0.005282+28.494%$6.2M$240.5M10xas long as short
Variational Omni ONE−0.6417%1h0.004041−1.700%$100K$51Kas long as short
BloFin ONE-USDT−0.2081%1h0.004075−0.873%$803K$2.3M50xas long as short
KuCoin ONEUSDTM−0.2056%1h0.004227+2.819%$3.9M$12.2M30xas long as short
Bitget ONEUSDT−0.2000%1h0.004144+0.791%$1.9M$31.7M20xas long as short
Aster ONEUSDT−0.1945%1h0.004099−0.287%$2.2M$5.8M5xas long as short
Binance ONEUSDT−0.1136%1h0.004110−0.015%$14.2M$333.3M50xas long as short
MEXC ONE_USDTlong−0.1128%1h0.004111long leg$11.3M$15.1M20x
Gate ONE_USDTshort−0.0633%8h0.004095−0.392%$1.8M$15.3M20x
BingX ONE-USDT−0.0096%1h0.004102−0.216%$5.6Mas long as short