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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0332%/8h= −36.4% APRnext payment $1.66 per $10,000 · paid last 24h −0.126%
Price spread now: SunX against KuCoin+0.153%7-day average −0.041% · 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 7 days−1.030%−$103 on $10k
Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.153%, 7d avg −0.041%
Together, before fees−1.222%−$122 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.194% dearer against KuCoin than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.041%): +$19 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.019590.0432pay 0.0216% / 4h51m 41s$854K$11.9M20x
ShortSunX 4-USDT0.019620.0100get 0.0050% / 4h51m 41s$2K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
−$69.72
Price spread: +0.153% → −0.041%
$19.39
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$70.33
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; SunX: live order book, 7 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 KuCoin live order book, 5 min ago5.08 bp41.8 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 7 min ago498.98 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 on 9 exchanges

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 4USDT+0.0100%4h0.01959−0.026%$2.6M$2.0M5xas long as short
Variational Omni 4+0.0100%4h0.01965+0.290%$47K$11Kas long as short
SunX 4-USDTshort+0.0100%4h0.01962+0.153%$2K$1.6M20x
Gate 4_USDT+0.0390%4h0.01965+0.301%$534K$305K20xas long as short
KuCoin 4USDTMlong+0.0432%4h0.01959long leg$854K$11.9M20x
Aster 4USDT+0.0594%4h0.01961+0.092%$236K$126K5xas long as short
BingX 4-USDT+0.0622%4h0.01962+0.153%$1.4Mas long as short
Binance 4USDT+0.0646%4h0.01959+0.015%$7.8M$14.0M20xas long as short
MEXC 4_USDT+0.0656%4h0.01962+0.153%$1.7M$979K100xas long as short