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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against BloFin+0.062%7-day average −0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$516as in the Funding arb table
Net, price: spread back to 7d avg − costs−$503as in the Price arb table
costs, in and out, $10k−$5195.192% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.062%, 7d avg −0.095%
Together, before fees+0.023%+$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 KuCoin is 0.157% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MASK-USDT0.48170.0080pay 0.0040% / 4h3h 06m$126K$15K50x
ShortKuCoin MASKUSDTM0.48200.0100get 0.0050% / 4h3h 06m$595K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$4.28
Price spread: +0.062% → −0.095%
$15.73
Slippage, 4 orders
−$495.19
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$499.18
Costs to cover
5.192%
Break-even
823.0 days
Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 67 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, 5 min ago6.22 bp15.6 bp −$1647.8 bp −$478doesn't fitdoesn't fit
Sell KuCoin live order book, 67 min ago9.30 bp271.3 bp −$271doesn't fitdoesn'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+0.0080%4h0.4817long leg$126K$15K50x
Binance MASKUSDT+0.0100%4h0.4814−0.062%$2.5M$4.5M50xas long as short
Bybit MASKUSDT+0.0100%4h0.4812−0.104%$1.3M$880K50xas long as short
OKX MASK-USDT-SWAP+0.0100%8h0.4812−0.104%$509K$953K20xas long as short
Gate MASK_USDT+0.0100%8h0.4811−0.125%$277K$224K50xas long as short
MEXC MASK_USDT+0.0100%8h0.4809−0.166%$1.1M$239K50xas long as short
KuCoin MASKUSDTMshort+0.0100%4h0.4820+0.062%$595K$160K50x
Bitget MASKUSDT+0.0100%4h0.4810−0.145%$514K$352K50xas long as short
BingX MASK-USDT+0.0100%4h0.4809−0.166%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4819+0.044%$23K$31as long as short