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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.104%7-day average +0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.066%−$7 on $10k
Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.104%, 7d avg +0.147%
Together, before fees+0.157%+$16 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: Bybit is 0.250% cheaper against Bitget than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.147%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MASKUSDT0.48210.0100pay 0.0050% / 4h2h 29m$488K$1.2M50x
ShortBybit MASKUSDT0.48160.0100get 0.0050% / 4h2h 29m$1.2M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.104% → +0.147%
−$25.04
Slippage, 4 orders
−$123.16
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$171.2
Costs to cover
1.462%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago5.19 bp38.8 bp −$39147.5 bp −$1,475doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.12 bp42.4 bp −$4292.2 bp −$922doesn't fitdoesn't fit

MASK on 10 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
BloFin MASK-USDT+0.0080%4h0.4823+0.041%$128K$20K50xas long as short
Binance MASKUSDT+0.0100%4h0.4824+0.053%$2.5M$9.7M50xas long as short
Bybit MASKUSDTshort+0.0100%4h0.4816−0.104%$1.2M$1.8M50x
OKX MASK-USDT-SWAP+0.0100%8h0.4816−0.104%$498K$3.0M20xas long as short
Gate MASK_USDT+0.0100%8h0.4822+0.021%$271K$657K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4816−0.104%$1.0M$324K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4823+0.041%$596K$227K50xas long as short
Bitget MASKUSDTlong+0.0100%4h0.4821long leg$488K$1.2M50x
BingX MASK-USDT+0.0100%4h0.4819−0.041%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4815−0.119%$23K$1as long as short