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Funding arb · Price arb /

MASK

all MASK markets
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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against BloFin−0.061%52s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.156% of the position
Long on BloFinShort on Bybit
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.061%, 7d avg −0.002%
Together, before fees+0.091%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.059% cheaper against BloFin than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.002%). If the spread goes back, that is −$6 on $10k: about 19 days of funding at the current rate ($0 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48870.0089pay 0.0045% / 4h14m 15s$126K$15K50x
ShortBybit MASKUSDT0.48840.0100get 0.0050% / 4h14m 15s$1.3M$765K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$2.23
Price spread: −0.061% → −0.002%
−$5.92
Slippage, 4 orders
−$92.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$119.3
Costs to cover
1.156%
Break-even
381.8 days
Slippage from BloFin: live order book, 47 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 BloFin live order book, 47 min ago5.16 bp19.6 bp −$2054.5 bp −$545doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago6.14 bp36.8 bp −$3779.8 bp −$798doesn'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-USDTlong+0.0089%4h0.4887long leg$126K$15K50x
Binance MASKUSDT+0.0100%4h0.4890+0.054%$2.6M$4.0M50xas long as short
Bybit MASKUSDTshort+0.0100%4h0.4884−0.061%$1.3M$765K50x
OKX MASK-USDT-SWAP+0.0100%8h0.4888+0.020%$522K$861K20xas long as short
Gate MASK_USDT+0.0100%8h0.4889+0.041%$280K$129K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4886−0.020%$1.0M$236K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4892+0.102%$600K$155K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4889+0.041%$525K$330K50xas long as short
BingX MASK-USDT+0.0100%4h0.4889+0.041%—$2.3M—as long as short
Variational Omni MASK+0.0100%4h0.4884−0.056%$23K$31—as long as short