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

MASK

all MASK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Bybit against Gate0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$3393.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.081%−$8 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now 0.000%, 7d avg +0.006%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MASK_USDT0.47980.0100pay 0.0100% / 8h4h 46m$276K$234K50x
ShortBybit MASKUSDT0.47980.0100get 0.0050% / 4h46m 43s$1.3M$898K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: 0.000% → +0.006%
−$0.65
Slippage, 4 orders
−$313.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$339.67
Costs to cover
3.390%
Break-even
never at this rate
Slippage from Gate: live order book, 8 min ago; Bybit: live order book, 4 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 Gate live order book, 8 min ago9.35 bp121.9 bp −$122doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago5.22 bp46.9 bp −$47doesn'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
Binance MASKUSDT+0.0100%4h0.4800+0.035%$2.5M$4.7M50xas long as short
Bybit MASKUSDTshort+0.0100%4h0.47980.000%$1.3M$898K50x
OKX MASK-USDT-SWAP+0.0100%8h0.4795−0.063%$505K$1.0M20xas long as short
Gate MASK_USDTlong+0.0100%8h0.4798long leg$276K$234K50x
MEXC MASK_USDT+0.0100%8h0.4797−0.021%$1.0M$231K50xas long as short
KuCoin MASKUSDTM+0.0100%4h0.4801+0.063%$591K$167K50xas long as short
Bitget MASKUSDT+0.0100%4h0.4799+0.021%$514K$331K50xas long as short
BingX MASK-USDT+0.0100%4h0.4796−0.042%$2.3Mas long as short
Variational Omni MASK+0.0100%4h0.4797−0.017%$22K$21as long as short
BloFin MASK-USDT+0.0123%4h0.4792−0.125%$128K$15K50xas long as short