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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.046%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1491.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.046%, 7d avg +0.021%
Together, before fees−0.111%+ Points / potential airdropExtended: Active · farm board−$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 0.025% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended DEEP-USD0.019740.0104pay 0.0013% / 1h42m 16s$4K$202K5x
ShortMEXC DEEP_USDT0.019750.0100get 0.0050% / 4h42m 16s$1.1M$461K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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
−$0.84
Price spread: +0.046% → +0.021%
$2.55
Slippage, 4 orders
−$140.41
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$147.7
Costs to cover
1.494%
Break-even
never at this rate
Slippage from Extended: live order book, 14 min ago; MEXC: live order book, 4 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 Extended live order book, 14 min ago6.04 bp53.1 bp −$53386.3 bp −$3,863doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago2.54 bp16.8 bp −$1754.5 bp −$545248.8 bp −$24.9Kdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP−0.4562%1h0.01968−0.308%$80K$13K20xas long as short
Binance DEEPUSDT+0.0100%4h0.01976+0.077%$2.1M$6.1M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01970−0.207%$4.2M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01973−0.055%$304K$96K50xas long as short
MEXC DEEP_USDTshort+0.0100%4h0.01975+0.046%$1.1M$461K100x
KuCoin DEEPUSDTM+0.0100%4h0.01977+0.147%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01974−0.005%$813K$596K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01974−0.005%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01969−0.276%$13K$9Kas long as short
Extended DEEP-USDlong+0.0104%1h0.01974long leg$4K$202K5x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin DEEP-USDT+0.0108%8h0.01976+0.097%$139K$34K50xas long as short
Kraken Futures PF_DEEPUSD+3.2304%1h0.01972−0.124%$7K$7K10xas long as short