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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.145%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$940.944% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.111%−$11 · spread now +0.145%, 7d avg +0.063%
Together, before fees−0.111%−$11 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 0.082% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ATH-USDT0.0055340.0100pay 0.0050% / 4h1h 11m$21.6M
ShortMEXC ATH_USDT0.0055420.0100get 0.0050% / 4h1h 11m$8.9M$630K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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: +0.145% → +0.063%
$8.16
Slippage, 4 orders
−$76.39
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$86.23
Costs to cover
0.944%
Break-even
never at this rate
Slippage from BingX: live order book, 7 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 BingX live order book, 7 min ago6.36 bp29.2 bp −$2955.0 bp −$550550.6 bp −$55.1K932.0 bp −$466.0K
Sell MEXC live order book, 2 min ago3.62 bp18.2 bp −$1866.0 bp −$660208.6 bp −$20.9Kdoesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD−0.3184%1h0.005538+0.077%$19K$106K10xas long as short
Variational Omni ATH−0.0097%4h0.005536+0.044%$186K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005535+0.017%$11K$575xas long as short
Aster ATHUSDT+0.0100%4h0.005539+0.089%$5K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005543+0.170%$3.3M$4.2M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005536+0.036%$4.4M$2.5M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005539+0.090%$707K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.0055340.000%$791K$569K30xas long as short
MEXC ATH_USDTshort+0.0100%4h0.005542+0.145%$8.9M$630K50x
KuCoin ATHUSDTM+0.0100%4h0.005537+0.054%$561K$77K30xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.005543+0.163%$1.6M$852K25xas long as short
BingX ATH-USDTlong+0.0100%4h0.005534long leg$21.6M
BloFin ATH-USDT+0.0118%4h0.005526−0.145%$168K$72K75xas long as short