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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0540%/8h= +59.1% APRnext payment +$2.70 per $10,000 · paid last 24h +0.129%
Price spread now: KuCoin against SunX−0.049%7-day average +0.037% · you buy dearer than you sell
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+0.993%+$99 on $10k
Price spread, last 3 days (all we have)+0.307%+$31 · spread now −0.049%, 7d avg +0.037%
Together, before fees+1.300%+$130 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.086% cheaper against SunX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 13 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020430.0100pay 0.0050% / 4h2h 26m$2K$1.2M20x
ShortKuCoin 4USDTM0.020420.0640get 0.0320% / 4h2h 26m$878K$12.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$113.4
Price spread: −0.049% → +0.037%
−$8.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$84.78
Costs to cover
0.200%
Break-even
1.8 days
Slippage unknown: SunX: live order book, 7 min ago; KuCoin: 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 SunX live order book, 7 min ago489.00 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago7.31 bp69.0 bp −$69doesn'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%4h0.02050+0.337%$46K$9Kas long as short
SunX 4-USDTlong+0.0100%4h0.02043long leg$2K$1.2M20x
Gate 4_USDT+0.0338%4h0.02040−0.166%$549K$276K20xas long as short
Aster 4USDT+0.0428%4h0.02041−0.099%$244K$113K5xas long as short
Bybit 4USDT+0.0440%4h0.02044+0.034%$2.7M$1.9M5xas long as short
BingX 4-USDT+0.0510%4h0.02049+0.274%$1.4Mas long as short
Binance 4USDT+0.0523%4h0.02045+0.111%$7.9M$12.4M20xas long as short
MEXC 4_USDT+0.0526%4h0.02044+0.049%$1.6M$908K100xas long as short
KuCoin 4USDTMshort+0.0640%4h0.02042−0.049%$878K$12.7M20x