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

T

all T markets
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Funding spread now, next payment 16:00 UTC+0.1222%/8h
next payment, per $10,000+$6.11paid, last 24h+0.319%paid, last 7 days+0.644%to open and close $10k−$82
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.644% in total (about 33.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC T_USDT0.005160−0.1616get 0.0808% / 4h3h 31m$3.1M$286K20x
ShortBybit TUSDT0.005161−0.0394pay 0.0197% / 4h3h 31m$1.9M$2.6M25x

Funding history

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Funding on every exchange

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Profit calculator

Funding earned
$256.61
Slippage, 4 orders
−$66.68
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$174.92
Break-even
2.2 days
Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Price risk

price view
Price gap now
+0.019%
Avg gap 7d
+0.331%
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 MEXC live order book, 2 min ago0.97 bp7.3 bp −$719.6 bp −$196103.4 bp −$10.3Kdoesn't fit
Sell Bybit live order book, 2 min ago1.94 bp29.8 bp −$30224.5 bp −$2,245doesn't fitdoesn't fit

T on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_TUSD−0.3760%1h$3K$4K10xas long as short
Gate T_USDT−0.1768%4h$213K$142K20xas long as short
Bitget TUSDT−0.1642%4h$961K$775K50xas long as short
MEXC T_USDTlong−0.1616%4h$3.1M$286K20x
Binance TUSDT−0.1608%4h$3.3M$12.1M50xas long as short
KuCoin TUSDTM−0.1426%4h$1.4M$96K12xas long as short
Variational Omni T−0.0830%4h$8K$11Kas long as short
Bybit TUSDTshort−0.0394%4h$1.9M$2.6M25x