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

A

all A markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.118%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$622as in the Price arb table
costs, in and out, $10k−$6226.224% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.118%, 7d avg +0.111%
Together, before fees+0.152%+$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC A_USDT0.093250.0100pay 0.0050% / 4h3h 02m$4.1M$141K100x
ShortKuCoin AUSDTM0.093360.0100get 0.0050% / 4h3h 02m$680K$47K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.118% → +0.111%
$0.7
Slippage, 4 orders
−$606.38
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$621.69
Costs to cover
6.224%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 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 MEXC live order book, 5 min ago0.54 bp11.3 bp −$1158.1 bp −$581184.6 bp −$18.5Kdoesn't fit
Sell KuCoin live order book, 6 min ago24.10 bp240.6 bp −$241doesn't fitdoesn't fitdoesn't fit

A 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
Injective A/USDC PERP+0.0033%1h0.08945−4.075%$1K$55.5xas long as short
BloFin A-USDT+0.0084%4h0.09332+0.075%$151K$7K75xas long as short
Binance AUSDT+0.0100%4h0.09323−0.019%$2.9M$3.1M75xas long as short
Bybit AUSDT+0.0100%4h0.09313−0.129%$3.2M$963K50xas long as short
OKX A-USDT-SWAP+0.0100%4h0.09327+0.021%$744K$508K10xas long as short
Gate A_USDT+0.0100%4h0.09321−0.043%$218K$68K50xas long as short
MEXC A_USDTlong+0.0100%4h0.09325long leg$4.1M$141K100x
KuCoin AUSDTMshort+0.0100%4h0.09336+0.118%$680K$47K75x
Bitget AUSDT+0.0100%4h0.09328+0.032%$912K$179K75xas long as short
BingX A-USDT+0.0100%4h0.09322−0.032%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni A+0.0100%4h0.09328+0.031%$1K$1as long as short