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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: MEXC against Extended+0.050%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2862.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.050%, 7d avg +0.048%
Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended US-USD0.016430.0984pay 0.0123% / 1h23m 42s$4K$141K5x
ShortMEXC US_USDT0.016440.0980get 0.0490% / 4h23m 42s$5.5M$115K100x

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

Funding earned
−$0.84
Price spread: +0.050% → +0.048%
$0.22
Slippage, 4 orders
−$277.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$286.67
Costs to cover
2.861%
Break-even
never at this rate
Slippage from Extended: live order book, 52 min ago; MEXC: 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 Extended live order book, 52 min ago4.90 bp93.1 bp −$93845.8 bp −$8,458doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.22 bp19.2 bp −$1966.0 bp −$660415.0 bp −$41.5Kdoesn't fit

US on 11 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
KuCoin USUSDTM+0.0070%4h0.01642−0.072%$4.2M$280K20xas long as short
Bybit USUSDT+0.0100%4h0.01643−0.011%$3.2M$884K20xas long as short
Gate US_USDT+0.0100%4h0.01640−0.163%$2.1M$558K20xas long as short
Variational Omni US+0.0100%4h0.01641−0.114%$16K$3Kas long as short
Bitget USUSDT+0.0652%4h0.01645+0.135%$4.3M$257K10xas long as short
Aster USUSDT+0.0855%4h0.01644+0.021%$12K$55K5xas long as short
BingX US-USDT+0.0976%4h0.01644+0.026%$1.3Mas long as short
MEXC US_USDTshort+0.0980%4h0.01644+0.050%$5.5M$115K100x
Binance USUSDT+0.0980%4h0.01643+0.014%$9.2M$3.2M10xas long as short
Extended US-USDlong+0.0984%1h0.01643long leg$4K$141K5x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.1000%4h0.01641−0.108%$480K$49K10xas long as short