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

ACH

all ACH 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 BingX+0.102%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$724as in the Funding arb table
Net, price: spread back to 7d avg − costs−$710as in the Price arb table
costs, in and out, $10k−$7247.244% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.102%, 7d avg −0.044%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.146% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ACH-USDT0.0058990.0100pay 0.0100% / 8h4h 26m$1.2M
ShortKuCoin ACHUSDTM0.0059050.0100get 0.0100% / 8h4h 26m$265K$51K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.102% → −0.044%
$14.58
Slippage, 4 orders
−$702.36
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$709.78
Costs to cover
7.244%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 54 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 BingX live order book, 3 min ago0.85 bp25.3 bp −$2565.3 bp −$653392.4 bp −$39.2K443.6 bp −$221.8K
Sell KuCoin live order book, 54 min ago17.68 bp415.8 bp −$416doesn't fitdoesn't fitdoesn't fit

ACH on 10 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
BloFin ACH-USDT+0.0098%8h0.005895−0.068%$86K$10K20xas long as short
Binance ACHUSDT+0.0100%8h0.005899−0.004%$1.5M$2.5M50xas long as short
Bybit ACHUSDT+0.0100%4h0.005900+0.017%$706K$333K25xas long as short
OKX ACH-USDT-SWAP+0.0100%4h0.005896−0.051%$338K$502K10xas long as short
Gate ACH_USDT+0.0100%8h0.005897−0.034%$139K$56K50xas long as short
MEXC ACH_USDT+0.0100%8h0.0058990.000%$898K$333K125xas long as short
KuCoin ACHUSDTMshort+0.0100%8h0.005905+0.102%$265K$51K30x
Bitget ACHUSDT+0.0100%8h0.005898−0.017%$761K$391K50xas long as short
BingX ACH-USDTlong+0.0100%8h0.005899long leg$1.2M
Variational Omni ACH+0.0100%4h0.005900+0.025%$8K$420as long as short