data as of
Settings8H · net · $10k
Price arb /

M

all M markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$296
spread now+1.089%7d average+0.780%fees + slippage, in and out−$327spread needed3.267%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.47140.1856pay 0.0928% / 4h2h 11m$1.4M$4.2M10x
ShortMEXC M_USDT1.48740.0584get 0.0292% / 4h2h 11m$249K$120K50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$108.95
Funding while held
−$38.16
Slippage, 4 orders
−$310.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$255.96
Spread needed to break even
3.267%
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 9 min ago.

Cost of waiting

funding view
Funding /8h
−0.1272%
Per $10,000 a day
$38.16
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago18.94 bp183.4 bp −$183doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago0.34 bp18.9 bp −$1949.5 bp −$495128.2 bp −$12.8Kdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTMlong0.000%+0.1856%4h$1.4M$4.2M10x
Gate M_USDT+0.824%+0.0100%8h$2.0M$1.0M10xas long as short
Variational Omni M+0.887%+0.0100%4h$91K$43Kas long as short
Bitget MUSDT+0.926%+0.0100%4h$1.9M$419K10xas long as short
BloFin M-USDT+0.926%+0.0591%4h$360K$452K10xas long as short
Bybit MUSDT+0.954%+0.0100%4h$4.7M$2.7M20xas long as short
BingX M-USDT+1.035%+0.0542%4h$2.4Mas long as short
SunX M-USDT+1.035%+0.0100%4h$2K$510K20xas long as short
Binance MUSDT+1.089%+0.0586%4h$5.5M$5.2M10xas long as short
MEXC M_USDTshort+1.089%+0.0584%4h$249K$120K50x
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aster MUSDT+1.093%+0.0415%4h$16K$121K5xas long as short
Orderly PERP_M_USDC+1.123%+0.0100%4h$2K$21910xas long as short