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

S

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0099%/8h= +10.9% APRpaid last 24h +0.026%
Price spread now: MEXC against gTrade (Gains Network)0.000%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) S/USD0.04062L +0.0001% / S +0.0006%pay 0.0000% / 1h40m 09s$3K150x
ShortMEXC S_USDT0.040620.0100get 0.0050% / 4h40m 09s$3.9M$1.8M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against gTrade (Gains Network). 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
$20.88
Price spread: 0.000% → 0.000%
$0.05
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
$6.93
Costs to cover
0.140%
Break-even
4.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; MEXC: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell MEXC live order book, 2 min ago2.46 bp5.1 bp −$579.8 bp −$798277.0 bp −$27.7Kdoesn't fit
gTrade (Gains Network): 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.

S on 25 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
01 Exchange SUSD−0.8792%1h0.03960−2.511%$25K$2K5xas long as short
Kraken Futures PF_SUSD−0.2514%1h0.04060−0.050%$34K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1376%1h0.04022−0.984%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04062+0.005%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04060−0.060%$415xas long as short
ApeX Omni SUSDT−0.0088%1h0.04070+0.197%$25K$455K50xas long as short
Variational Omni S−0.0051%4h0.04048−0.350%$627K$30Kas long as short
gTrade (Gains Network) S/USDlongL +0.0001% / S +0.0006%1h0.04062long leg$3K150x
Injective S/USDC PERP+0.0033%1h0.04100+0.936%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0061%4h0.04061−0.024%$101K$302K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.04064+0.050%$171K$154K5xas long as short
Hyperliquid S+0.0100%1h0.04062+0.010%$1.0M$551K5xas long as short
Aster SUSDT+0.0100%4h0.04064+0.057%$45K$130K10xas long as short
Binance SUSDT+0.0100%4h0.04060−0.049%$5.6M$13.6M75xas long as short
Bybit SUSDT+0.0100%4h0.04055−0.172%$5.8M$4.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04059−0.073%$1.1M$3.9M20xas long as short
Gate S_USDT+0.0100%4h0.04061−0.024%$333K$187K50xas long as short
MEXC S_USDTshort+0.0100%4h0.040620.000%$3.9M$1.8M200x
KuCoin SUSDTM+0.0100%4h0.04059−0.073%$1.9M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.04063+0.025%$1.2M$2.1M50xas long as short
BingX S-USDT+0.0100%4h0.04059−0.073%$6.8Mas long as short
Extended S-USD+0.0104%1h0.04060−0.056%$233K$1.1M10xas long as short
BloFin S-USDT+0.0340%4h0.04051−0.270%$280K$98K75xas long as short
Deribit S_USDC-PERPETUAL+0.0735%1h0.04066+0.099%$68K$10K10xas long as short
Backpack S_USDC_PERP+0.0987%1h0.04070+0.197%$118K$398K5xas long as short