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+0.0008%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.111%
Price spread now: MEXC against Gate+0.197%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1791.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.341%+$34 on $10k
Price spread, last 7 days−0.004%$0 · spread now +0.197%, 7d avg +0.138%
Together, before fees+0.337%+$34 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: MEXC is 0.058% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate US_USDT0.016280.0100pay 0.0050% / 4h1h 27m$2.0M$551K20x
ShortMEXC US_USDT0.016310.0108get 0.0054% / 4h1h 27m$5.5M$115K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$1.68
Price spread: +0.197% → +0.138%
$5.81
Slippage, 4 orders
−$159.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$171.37
Costs to cover
1.789%
Break-even
721.0 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 5 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 Gate live order book, 5 min ago4.30 bp69.6 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago0.31 bp18.2 bp −$1868.0 bp −$680520.4 bp −$52.0Kdoesn'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−0.0240%4h0.01626−0.111%$4.1M$277K20xas long as short
BloFin US-USDT+0.0079%4h0.01630+0.154%$477K$48K10xas long as short
Aster USUSDT+0.0100%4h0.01630+0.119%$12K$55K5xas long as short
Bybit USUSDT+0.0100%4h0.01631+0.190%$3.2M$854K20xas long as short
Gate US_USDTlong+0.0100%4h0.01628long leg$2.0M$551K20x
Variational Omni US+0.0100%4h0.01631+0.178%$16K$3Kas long as short
MEXC US_USDTshort+0.0108%4h0.01631+0.197%$5.5M$115K100x
Binance USUSDT+0.0111%4h0.01631+0.203%$9.1M$3.1M10xas long as short
Extended US-USD+0.0112%1h0.01631+0.178%$4K$141K5xas long as short
BingX US-USDT+0.0408%4h0.01631+0.197%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0424%4h0.01632+0.258%$4.3M$248K10xas long as short