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

PUNDIX

all PUNDIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.067%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.067%, 7d avg −0.001%
Together, before fees−0.075%−$8 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: Binance is 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PUNDIX_USDT0.11930.0100pay 0.0050% / 4h3h 51m$2.4M$104K50x
ShortBinance PUNDIXUSDT0.11940.0100get 0.0050% / 4h3h 51m$1.4M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$0
Price spread: +0.067% → −0.001%
$6.83
Slippage, 4 orders
−$87.98
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$95.14
Costs to cover
1.020%
Break-even
never at this rate
Slippage from MEXC: live order book, 6 min ago; Binance: live order book, 13 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 MEXC live order book, 6 min ago2.51 bp14.5 bp −$1568.4 bp −$684172.0 bp −$17.2Kdoesn't fit
Sell Binance live order book, 13 min ago4.20 bp36.2 bp −$36156.1 bp −$1,561doesn't fitdoesn't fit

PUNDIX on 7 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
BingX PUNDIX-USDT+0.0070%4h0.1195+0.126%$1.2Mas long as short
Binance PUNDIXUSDTshort+0.0100%4h0.1194+0.067%$1.4M$1.8M50x
Bybit PUNDIXUSDT+0.0100%4h0.1196+0.184%$777K$402K20xas long as short
Gate PUNDIX_USDT+0.0100%4h0.1192−0.126%$37K$7K20xas long as short
MEXC PUNDIX_USDTlong+0.0100%4h0.1193long leg$2.4M$104K50x
Bitget PUNDIXUSDT+0.0100%4h0.1195+0.134%$237K$233K20xas long as short
Variational Omni PUNDIX+0.0100%4h0.1196+0.211%$1K$60Kas long as short