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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.073%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days−0.147%−$15 · spread now +0.073%, 7d avg +0.014%
Together, before fees−0.138%−$14 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 0.059% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ATHUSDT0.0055130.0100pay 0.0050% / 4h3h 50m$1.6M$896K25x
ShortMEXC ATH_USDT0.0055170.0100get 0.0050% / 4h3h 50m$9.0M$643K50x

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: +0.073% → +0.014%
$5.88
Slippage, 4 orders
−$82.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$96.69
Costs to cover
1.026%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 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, 1 min ago7.25 bp34.7 bp −$35138.2 bp −$1,382doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.81 bp20.0 bp −$2071.0 bp −$710165.5 bp −$16.6Kdoesn'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−0.2139%1h0.005504−0.168%$19K$106K10xas long as short
Variational Omni ATH−0.0091%4h0.005508−0.099%$185K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005517+0.074%$11K$585xas long as short
BloFin ATH-USDT+0.0089%4h0.005529+0.290%$166K$69K75xas long as short
Aster ATHUSDT+0.0100%4h0.005518+0.086%$5K$42K5xas long as short
Binance ATHUSDT+0.0100%4h0.005514+0.024%$3.3M$4.3M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005504−0.163%$4.3M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005508−0.091%$705K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005508−0.091%$788K$583K30xas long as short
MEXC ATH_USDTshort+0.0100%4h0.005517+0.073%$9.0M$643K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005511−0.036%$556K$79K30xas long as short
Bitget ATHUSDTlong+0.0100%4h0.005513long leg$1.6M$896K25x
BingX ATH-USDT+0.0100%4h0.005511−0.036%$21.6Mas long as short