Funding arb · Price arb /

MASK

all MASK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against MEXC+0.041%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$680.682% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.041%, 7d avg −0.037%

Together, before fees−0.042%−$4 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: Bitget is 0.078% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MASK_USDT	0.4849	0.0100	pay 0.0100% / 8h	6h 18m	$1.0M	$217K	50x
Short	Bitget MASKUSDT	0.4851	0.0100	get 0.0050% / 4h	2h 18m	$525K	$317K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.037%: $7.84
Slippage, 4 orders: −$52.24
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$60.4
Costs to cover: 0.682%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	3.10 bp	5.1 bp −$5	31.7 bp −$317	763.3 bp −$76.3K	doesn't fit
Sell Bitget live order book, 29 min ago	9.27 bp	27.4 bp −$27	154.9 bp −$1,549	doesn't fit	doesn't fit

MASK on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MASK-USDT	+0.0081%	4h	0.4849	0.000%	$124K	$15K	50x	as long as short
Binance MASKUSDT	+0.0100%	4h	0.4852	+0.059%	$2.5M	$3.7M	50x	as long as short
Bybit MASKUSDT	+0.0100%	4h	0.4848	−0.021%	$1.3M	$703K	50x	as long as short
OKX MASK-USDT-SWAP	+0.0100%	8h	0.4843	−0.124%	$517K	$746K	20x	as long as short
Gate MASK_USDT	+0.0100%	8h	0.4851	+0.041%	$279K	$105K	50x	as long as short
MEXC MASK_USDTlong	+0.0100%	8h	0.4849	long leg	$1.0M	$217K	50x
KuCoin MASKUSDTM	+0.0100%	4h	0.4862	+0.268%	$633K	$160K	50x	as long as short
Bitget MASKUSDTshort	+0.0100%	4h	0.4851	+0.041%	$525K	$317K	50x
BingX MASK-USDT	+0.0100%	4h	0.4849	0.000%	—	$2.3M	—	as long as short
Variational Omni MASK	+0.0100%	4h	0.4858	+0.175%	$23K	$31	—	as long as short