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

B

all B markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0260%/8h= −28.5% APRnext payment $1.30 per $10,000 · paid last 24h +0.026%
Price spread now: MEXC against Bitget0.000%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1151.152% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.247%+$25 on $10k
Price spread, last 7 days+0.168%+$17 · spread now 0.000%, 7d avg +0.083%
Together, before fees+0.415%+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.083% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.083%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.247%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BUSDT0.21020.0640pay 0.0320% / 4h39m 51s$2.9M$424K10x
ShortMEXC B_USDT0.21020.0380get 0.0190% / 4h39m 51s$1.2M$407K100x

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
−$54.6
Price spread: 0.000% → +0.083%
−$8.28
Slippage, 4 orders
−$99.17
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$178.05
Costs to cover
1.152%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 1 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, 3 min ago7.13 bp52.6 bp −$53710.6 bp −$7,106doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.37 bp5.0 bp −$573.0 bp −$730230.3 bp −$23.0Kdoesn't fit

B on 11 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
Gate B_USDT+0.0100%4h0.2104+0.095%$3.6M$659K20xas long as short
KuCoin BUSDTM+0.0220%4h0.2107+0.228%$1.9M$84K10xas long as short
Bybit BUSDT+0.0339%4h0.2102−0.024%$1.8M$1.1M13xas long as short
edgeX BUSDC+0.0356%4h0.2108+0.270%$3K$386K5xas long as short
MEXC B_USDTshort+0.0380%4h0.21020.000%$1.2M$407K100x
Binance BUSDT+0.0392%4h0.2104+0.074%$12.2M$2.3M20xas long as short
Extended B-USD+0.0392%1h0.2103+0.069%$16K$300K5xas long as short
BloFin B-USDT+0.0392%4h0.2110+0.381%$628K$41K20xas long as short
BingX B-USDT+0.0612%4h0.2104+0.095%$1.3Mas long as short
Bitget BUSDTlong+0.0640%4h0.2102long leg$2.9M$424K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1252%4h0.2105+0.143%$2.0M$226K5xas long as short