Funding arb · Price arb /

NOT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h −0.001%

Price spread now: MEXC against Extended+0.003%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended kNOT-USD	0.0005004	0.0104	pay 0.0013% / 1h	5m 01s	$4K	$1K	5x
Short	MEXC NOT_USDT	0.0005004	0.0100	get 0.0050% / 4h	5m 01s	$1.3M	$473K	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$0.84
Price spread: +0.003% → 0.000%: $0.33
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$9.51
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; MEXC: live order book, 6 min ago. Net counts fees only.

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 Extended no order-book sample	—	—	—	—	—
Sell MEXC live order book, 6 min ago	1.00 bp	8.3 bp −$8	26.2 bp −$262	89.5 bp −$8,955	105.7 bp −$52.9K

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NOT on 16 venues

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
Variational Omni NOT	−0.0087%	4h	0.0005003	−0.007%	$62K	$31K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−2.595%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0091%	4h	0.0005003	−0.017%	$112K	$17K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005017	+0.259%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005010	+0.123%	$367K	$67K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005003	−0.015%	$14K	$13K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005004	+0.011%	$2.0M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005001	−0.057%	$2.1M	$865K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005004	+0.003%	$596K	$600K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005006	+0.043%	$140K	$82K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDTshort	+0.0100%	4h	0.0005004	+0.003%	$1.3M	$473K	200x
KuCoin NOTUSDTM	+0.0100%	4h	0.0005001	−0.057%	$485K	$120K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005005	+0.023%	$637K	$382K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005005	+0.023%	—	$7.3M	—	as long as short
Extended kNOT-USDlong	+0.0104%	1h	0.0005004	long leg	$4K	$1K	5x
Kraken Futures PF_NOTUSD	+0.6719%	1h	0.0005041	+0.734%	$48K	$9K	10x	as long as short