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: BingX against KuCoin−0.085%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$745as in the Funding arb table
Net, price: spread back to 7d avg − costs−$759as in the Price arb table
costs, in and out, $10k−$7457.454% 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)+0.122%+$12 · spread now −0.085%, 7d avg +0.049%
Together, before fees+0.122%+$12 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: BingX is 0.134% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ACHUSDTM0.0058960.0100pay 0.0100% / 8h6h 48m$270K$49K30x
ShortBingX ACH-USDT0.0058910.0100get 0.0100% / 8h6h 48m$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.085% → +0.049%
−$13.42
Slippage, 4 orders
−$723.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$758.87
Costs to cover
7.454%
Break-even
never at this rate
Slippage from KuCoin: live order book, 55 min ago; BingX: live order book, 11 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 KuCoin live order book, 55 min ago47.52 bp302.1 bp −$302doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago0.85 bp27.3 bp −$2762.9 bp −$629380.1 bp −$38.0K439.9 bp −$220.0K

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+0.0078%8h0.0058960.000%$87K$14K20xas long as short
Binance ACHUSDT+0.0100%8h0.005892−0.060%$1.5M$2.5M50xas long as short
Bybit ACHUSDT+0.0100%4h0.005889−0.119%$703K$351K25xas long as short
OKX ACH-USDT-SWAP+0.0100%4h0.005888−0.136%$337K$496K10xas long as short
Gate ACH_USDT+0.0100%8h0.005887−0.153%$139K$58K50xas long as short
MEXC ACH_USDT+0.0100%8h0.005891−0.085%$876K$320K125xas long as short
KuCoin ACHUSDTMlong+0.0100%8h0.005896long leg$270K$49K30x
Bitget ACHUSDT+0.0100%8h0.005890−0.102%$768K$384K50xas long as short
BingX ACH-USDTshort+0.0100%8h0.005891−0.085%$1.3M
Variational Omni ACH+0.0100%4h0.005879−0.295%$8K$420as long as short