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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin+0.062%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$940.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.062%, 7d avg −0.162%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.224% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.162%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48490.0072pay 0.0036% / 4h26m 51s$129K$20K50x
ShortBitget MASKUSDT0.48520.0100get 0.0050% / 4h26m 51s$511K$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$5.89
Price spread: +0.062% → −0.162%
$22.43
Slippage, 4 orders
−$70.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$65.74
Costs to cover
0.941%
Break-even
85.1 days
Slippage from BloFin: live order book, 34 min ago; Bitget: live order book, 5 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 BloFin live order book, 34 min ago1.03 bp11.5 bp −$1144.5 bp −$445doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago7.21 bp25.8 bp −$26144.6 bp −$1,446doesn'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
Bybit MASKUSDT−0.0457%4h0.48490.000%$1.3M$1.9M50xas long as short
Variational Omni MASK−0.0136%4h0.4848−0.022%$23K$1as long as short
BloFin MASK-USDTlong+0.0072%4h0.4849long leg$129K$20K50x
Binance MASKUSDT+0.0100%4h0.4852+0.061%$2.6M$9.8M50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4848−0.021%$501K$3.1M20xas long as short
Gate MASK_USDT+0.0100%8h0.4853+0.082%$274K$658K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4850+0.021%$1.1M$328K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4853+0.082%$600K$229K50xas long as short
Bitget MASKUSDTshort+0.0100%4h0.4852+0.062%$511K$1.4M50x
BingX MASK-USDT+0.0100%4h0.4852+0.062%$2.3Mas long as short