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

CC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0343%/8h= −37.5% APRpaid last 24h 0.000%
Price spread now: MEXC against Paradex−0.081%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.081% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CC-USD-PERP0.11770.0095pay 0.0095% / 8h5h 52m$1K5x
ShortMEXC CC_USDT0.1176−0.0248pay 0.0124% / 4h1h 52m$1.6M$312K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Paradex. 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
−$71.97
Price spread: −0.081% → 0.000%
−$8.05
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$88.02
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell MEXC live order book, 4 min ago0.42 bp6.7 bp −$751.2 bp −$512240.7 bp −$24.1K775.2 bp −$387.6K
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CC on 18 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
Injective CC/USDC PERP−0.4093%1h0.1173−0.310%$6K$965.5xas long as short
MEXC CC_USDTshort−0.0248%4h0.1176−0.081%$1.6M$312K100x
Bybit CCUSDT−0.0244%4h0.1176−0.072%$10.7M$3.8M25xas long as short
Paradex CC-USD-PERPlong+0.0095%8h0.1177long leg$1K5x
Aster CCUSDT+0.0100%4h0.1176−0.060%$35K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1176−0.072%$11.1M$12.0M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1177+0.004%$2.6M$3.5M20xas long as short
Gate CC_USDT+0.0100%4h0.1177+0.047%$366K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1177+0.072%$484K$121K50xas long as short
Bitget CCUSDT+0.0100%4h0.1176−0.098%$922K$790K20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1176−0.098%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1176−0.098%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1180+0.302%$598K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1175−0.175%$90K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1174−0.194%$6K$36K6.7xas long as short
Hyperliquid CC+0.0243%1h0.1178+0.157%$5.5M$1.4M3xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0449% / S −0.0241%1h0.1176−0.025%$44K50xas long as short
Lighter CC+0.0456%1h0.1181+0.370%$238K$154K5xas long as short