data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 19:00 UTC−0.0660%/8h
paid, last 24h+0.011%paid, last 7 days+0.483%to open and close $10k−$49
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack S_USDC_PERP0.038700.0760pay 0.0095% / 1h39m 33s$116K$243K5x
ShortMEXC S_USDT0.038540.0100get 0.0050% / 4h1h 39m$3.5M$3.4M200x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$138.52
Slippage, 4 orders
−$34.57
Fee Backpack: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$187.09
Break-even
never at this rate
Slippage from Backpack: live order book, 60 min ago; MEXC: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.413%
Avg gap 7d
−0.046%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 60 min ago12.94 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.29 bp3.9 bp −$446.4 bp −$464259.4 bp −$25.9Kdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_SUSD−0.2328%1h$33K$41K10xas long as short
Coinbase International S-PERP-INTX−0.1824%1h$47K$10K25xas long as short
Variational Omni S−0.1346%4h$601K$117Kas long as short
Aster SUSDT−0.0261%4h$42K$258K10xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0225% / S +0.0214%1h$1K100xas long as short
01 Exchange SUSD−0.0120%1h$23K$3K5xas long as short
Orderly PERP_S_USDC−0.0101%4h$102K$323K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Hyperliquid S−0.0086%1h$985K$1.3M5xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$596150xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
OKX S-USDT-SWAP+0.0003%4h$962K$11.8M20xas long as short
Bybit SUSDT+0.0018%4h$5.5M$9.0M50xas long as short
Injective S/USDC PERP+0.0033%1h$2K$88K12xas long as short
Lighter S+0.0096%1h$162K$304K5xas long as short
Binance SUSDT+0.0100%4h$5.2M$38.0M75xas long as short
Gate S_USDT+0.0100%4h$315K$368K50xas long as short
MEXC S_USDTshort+0.0100%4h$3.5M$3.4M200x
KuCoin SUSDTM+0.0100%4h$1.8M$3.7M50xas long as short
Bitget SUSDT+0.0100%4h$1.2M$4.5M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
ApeX Omni SUSDT+0.0100%1h$25K$496K50xas long as short
Extended S-USD+0.0104%1h$217K$944K10xas long as short
Deribit S_USDC-PERPETUAL+0.0267%1h$65K$10K10xas long as short
BloFin S-USDT+0.0340%4h$271K$260K75xas long as short
Backpack S_USDC_PERPlong+0.0760%1h$116K$243K5x