Funding arb · Price arb /

ARB

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.042%

Price spread now: Aevo against MEXC−0.196%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1181.184% of the position

Long on MEXC Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 4 days (all we have)+2.822%+$282 · spread now −0.196%, 7d avg +0.074%

Together, before fees+3.014%+$301 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.270% cheaper against MEXC than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of +0.074%). If the spread goes back, that is −$27 on $10k: about 3.9 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.192% in total) that is about 9.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ARB_USDT	0.2221	−0.0142	get 0.0142% / 8h	5h 08m	$38.2M	$59.4M	200x
Short	Aevo ARB-PERP	0.2217	0.0088	get 0.0011% / 1h	8m 14s	$141K	$7K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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

Position, each leg$Hold fordaysFee MEXCbpFee AevobpOrdersPrice spread, now −0.196%Rate

Funding earned: $48.3
Price spread: −0.196% → +0.074%: −$26.98
Slippage, 4 orders: −$102.38
Fee MEXC: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$97.06
Costs to cover: 1.184%
Break-even: 21.1 days

Slippage from MEXC: live order book, 6 min ago; Aevo: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 6 min ago	0.22 bp	1.6 bp −$2	7.8 bp −$78	32.5 bp −$3,248	66.1 bp −$33.0K
Sell Aevo live order book, 55 min ago	31.43 bp	60.4 bp −$60	doesn't fit	doesn't fit	doesn't fit

ARB on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ARB/USDC PERP	−0.1577%	1h	0.2218	−0.140%	$40K	$372K	12x	as long as short
Deribit ARB_USDC-PERPETUAL	−0.0155%	1h	0.2223	+0.068%	$24K	$34K	25x	as long as short
OKX ARB-USDT-SWAP	−0.0143%	8h	0.2220	−0.072%	$22.4M	$149.8M	50x	as long as short
MEXC ARB_USDTlong	−0.0142%	8h	0.2221	long leg	$38.2M	$59.4M	200x
Variational Omni ARB	−0.0140%	8h	0.2223	+0.086%	$1.9M	$2.9M	—	as long as short
Polymarket Perps ARB-USD	−0.0122%	1h	0.2221	−0.005%	$87K	$2.1M	10x	as long as short
01 Exchange ARBUSD	−0.0120%	1h	0.2220	−0.027%	$7K	$2K	10x	as long as short
Gate ARB_USDT	−0.0108%	8h	0.2222	+0.023%	$5.4M	$19.2M	60x	as long as short
Kraken Futures PF_ARBUSD	−0.0098%	1h	0.2223	+0.103%	$1.1M	$4.4M	50x	as long as short
SoDEX ARB-USD	−0.0091%	1h	0.2222	+0.027%	$10K	$2.3M	5x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ARB_USDC	−0.0075%	8h	0.2222	+0.041%	$12K	$387K	10x	as long as short
Bybit ARBUSDT	−0.0070%	8h	0.2221	+0.014%	$56.6M	$125.9M	50x	as long as short
dYdX ARB-USD	0.0000%	1h	0.2222	+0.061%	$66K	$5K	10x	as long as short
gTrade (Gains Network) ARB/USD	L +0.0005% / S −0.0013%	1h	0.2223	+0.104%	$11K	—	150x	as long as short
Binance ARBUSDT	+0.0024%	8h	0.2222	+0.046%	$64.9M	$306.6M	75x	as long as short
Extended ARB-USD	+0.0024%	1h	0.2221	−0.001%	$353K	$2.5M	25x	as long as short
Phemex ARBUSDT	+0.0044%	8h	0.2222	+0.041%	$5.0M	$12.9M	50x	as long as short
Bitget ARBUSDT	+0.0073%	8h	0.2222	+0.041%	$21.2M	$34.6M	50x	as long as short
BingX ARB-USDT	+0.0078%	8h	0.2221	+0.005%	—	$53.8M	—	as long as short
Aevo ARB-PERPshort	+0.0088%	1h	0.2217	−0.196%	$141K	$7K	3x
Lighter ARB	+0.0096%	1h	0.2222	+0.050%	$1.2M	$6.4M	15x	as long as short
Hyperliquid ARB	+0.0100%	1h	0.2222	+0.059%	$38.5M	$49.1M	10x	as long as short
Aster ARBUSDT	+0.0100%	8h	0.2223	+0.107%	$651K	$1.6M	20x	as long as short
Pacifica ARB	+0.0100%	1h	0.2221	+0.008%	$42K	$169K	10x	as long as short
KuCoin ARBUSDTM	+0.0100%	8h	0.2222	+0.036%	$19.6M	$15.3M	75x	as long as short
edgeX ARBUSDC	+0.0100%	4h	0.2224	+0.151%	$40K	$461K	20x	as long as short
GRVT ARB_USDT_Perp	+0.0100%	8h	0.2225	+0.176%	$482K	$3.6M	10x	as long as short
ApeX Omni ARBUSDT	+0.0100%	1h	0.2227	+0.266%	$120K	$283K	50x	as long as short
SunX ARB-USDT	+0.0100%	8h	0.2223	+0.086%	$1K	$1.1M	30x	as long as short
HTX ARB-USDT	+0.0100%	8h	0.2222	+0.027%	$302K	$939K	50x	as long as short
BloFin ARB-USDT	+0.0103%	8h	0.2221	+0.005%	$3.1M	$2.6M	75x	as long as short
Coinbase International ARB-PERP-INTX	+0.0224%	1h	0.2224	+0.131%	$498K	$2.0M	50x	as long as short
RISEx ARB/USDC	+0.0232%	1h	0.2222	+0.047%	$487K	$2.6M	10x	as long as short
GMX ARB/USD [ARB-USDC]	L +0.0273% / S −0.0155%	1h	0.2223	+0.077%	$829K	—	150x	as long as short
Reya ARBRUSDPERP	+0.0289%	1h	0.2221	−0.024%	$2K	$695	20x	as long as short
Backpack ARB_USDC_PERP	+0.0563%	1h	0.2224	+0.140%	$1.0M	$2.8M	20x	as long as short