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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: MEXC against Bitget−0.232%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2022.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 7 days+0.184%+$18 · spread now −0.232%, 7d avg −0.011%
Together, before fees+0.331%+$33 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: MEXC is 0.221% cheaper against Bitget than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget USUSDT0.015060.0100pay 0.0050% / 4h1h 28m$4.0M$337K10x
ShortMEXC US_USDT0.015030.0100get 0.0050% / 4h1h 28m$5.1M$135K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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: −0.232% → −0.011%
−$22.12
Slippage, 4 orders
−$185.83
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$223.95
Costs to cover
2.018%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 2 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 Bitget live order book, 2 min ago6.30 bp61.9 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.32 bp37.9 bp −$3871.5 bp −$715533.7 bp −$53.4Kdoesn't fit

US on 11 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin USUSDTM−0.0940%4h0.01498−0.551%$3.1M$706K20xas long as short
Binance USUSDT+0.0100%4h0.01502−0.246%$8.4M$3.8M10xas long as short
Bybit USUSDT+0.0100%4h0.01505−0.086%$3.0M$1.2M20xas long as short
Gate US_USDT+0.0100%4h0.01503−0.206%$1.9M$789K20xas long as short
MEXC US_USDTshort+0.0100%4h0.01503−0.232%$5.1M$135K100x
Bitget USUSDTlong+0.0100%4h0.01506long leg$4.0M$337K10x
BingX US-USDT+0.0100%4h0.01503−0.179%$1.3Mas long as short
Variational Omni US+0.0100%4h0.01510+0.269%$15K$4Kas long as short
Extended US-USD+0.0104%1h0.01502−0.281%$4K$205K5xas long as short
BloFin US-USDT+0.0151%4h0.01504−0.120%$461K$44K10xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster USUSDT+0.0217%4h0.01504−0.110%$14K$49K5xas long as short