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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0445%/8h= +48.8% APRnext payment +$2.23 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Aster−0.149%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$463as in the Price arb table
costs, in and out, $10k−$4504.502% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.438%+$44 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.149%, 7d avg −0.025%
Together, before fees+0.590%+ Points / potential airdropAster: Stage 5 · farm board+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.124% cheaper against Aster than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.025%). If the spread goes back, that is −$12 on $10k: about 22 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 4USDT0.020140.0303pay 0.0151% / 4h1h 42m$240K$113K5x
ShortKuCoin 4USDTM0.020110.0748get 0.0374% / 4h1h 42m$887K$12.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$93.5
Price spread: −0.149% → −0.025%
−$12.42
Slippage, 4 orders
−$430.17
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$369.09
Costs to cover
4.502%
Break-even
34.6 days
Slippage from Aster: live order book, 64 min ago; KuCoin: live order book, 6 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 Aster live order book, 64 min ago5.74 bp31.0 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago4.97 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02006−0.407%$45K$9Kas long as short
SunX 4-USDT+0.0100%4h0.02010−0.199%$2K$1.4M20xas long as short
Bybit 4USDT+0.0299%4h0.02009−0.228%$2.6M$2.0M5xas long as short
Aster 4USDTlong+0.0303%4h0.02014long leg$240K$113K5x
BingX 4-USDT+0.0428%4h0.02014−0.020%$1.4Mas long as short
MEXC 4_USDT+0.0450%4h0.02011−0.149%$1.6M$929K100xas long as short
Binance 4USDT+0.0464%4h0.02012−0.089%$7.9M$13.7M20xas long as short
Gate 4_USDT+0.0512%4h0.02016+0.094%$538K$312K20xas long as short
KuCoin 4USDTMshort+0.0748%4h0.02011−0.149%$887K$12.7M20x