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

ATH

all ATH 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 0.000%
Price spread now: Gate against MEXC−0.091%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1751.750% 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 4 days (all we have)+0.044%+$4 · spread now −0.091%, 7d avg −0.120%
Together, before fees+0.044%+$4 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: Gate is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.120%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ATH_USDT0.0054800.0100pay 0.0050% / 4h1h 28m$8.8M$543K50x
ShortGate ATH_USDT0.0054750.0100get 0.0050% / 4h1h 28m$780K$576K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.091% → −0.120%
$2.87
Slippage, 4 orders
−$151.97
Fee MEXC: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$172.1
Costs to cover
1.750%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 16 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 MEXC live order book, 2 min ago2.74 bp18.8 bp −$1954.1 bp −$541167.2 bp −$16.7Kdoesn't fit
Sell Gate live order book, 16 min ago6.38 bp66.3 bp −$66doesn't fitdoesn't fitdoesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD−0.2537%1h0.005477−0.056%$16K$61K10xas long as short
Variational Omni ATH−0.0329%4h0.005458−0.397%$183K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005486+0.104%$11K$595xas long as short
BloFin ATH-USDT+0.0077%4h0.005486+0.109%$162K$70K75xas long as short
Bybit ATHUSDT+0.0093%4h0.005470−0.182%$4.3M$2.4M25xas long as short
Aster ATHUSDT+0.0100%4h0.005485+0.084%$4K$44K5xas long as short
Binance ATHUSDT+0.0100%4h0.005481+0.018%$3.2M$3.8M50xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005471−0.164%$700K$1.3M20xas long as short
Gate ATH_USDTshort+0.0100%4h0.005475−0.091%$780K$576K30x
MEXC ATH_USDTlong+0.0100%4h0.005480long leg$8.8M$543K50x
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005476−0.073%$548K$76K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005481+0.018%$1.5M$878K25xas long as short
BingX ATH-USDT+0.0100%4h0.005477−0.055%$23.1Mas long as short