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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.013%
Price spread now: Extended against MEXC−0.037%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2382.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.037%, 7d avg −0.047%
Together, before fees−0.035%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC US_USDT0.016400.0346pay 0.0173% / 4h1h 09m$5.5M$114K100x
ShortExtended US-USD0.016400.0344get 0.0043% / 1h9m 18s$5K$97K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$0.42
Price spread: −0.037% → −0.047%
$0.97
Slippage, 4 orders
−$229.16
Fee MEXC: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$237.61
Costs to cover
2.382%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 39 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, 3 min ago1.83 bp38.2 bp −$3878.4 bp −$784510.5 bp −$51.0Kdoesn't fit
Sell Extended live order book, 39 min ago6.42 bp83.4 bp −$83doesn't fitdoesn't fitdoesn'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
Bybit USUSDT+0.0100%4h0.01641+0.073%$3.2M$921K20xas long as short
Gate US_USDT+0.0100%4h0.01638−0.159%$2.1M$600K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01638−0.122%$4.1M$287K20xas long as short
Variational Omni US+0.0100%4h0.01643+0.145%$16K$3Kas long as short
BloFin US-USDT+0.0317%4h0.01642+0.098%$481K$49K10xas long as short
Extended US-USDshort+0.0344%1h0.01640−0.037%$5K$97K5x
Binance USUSDT+0.0345%4h0.01640+0.012%$9.1M$3.3M10xas long as short
MEXC US_USDTlong+0.0346%4h0.01640long leg$5.5M$114K100x
Bitget USUSDT+0.0358%4h0.01643+0.159%$4.3M$259K10xas long as short
Aster USUSDT+0.0375%4h0.01639−0.079%$12K$54K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0388%4h0.01641+0.061%$1.3Mas long as short