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

ACH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against KuCoin−0.102%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$771as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7707.697% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.515%−$52 · spread now −0.102%, 7d avg −0.051%
Together, before fees−0.525%−$52 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: OKX is 0.050% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ACHUSDTM0.0059020.0100pay 0.0100% / 8h7h 37m$183K$19K30x
ShortOKX ACH-USDT-SWAP0.0058960.0100get 0.0050% / 4h3h 37m$333K$498K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.102% → −0.051%
−$5.04
Slippage, 4 orders
−$747.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$774.71
Costs to cover
7.697%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; OKX: live order book, 34 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, 7 min ago47.52 bp302.1 bp −$302doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 34 min ago0.85 bp25.2 bp −$25doesn'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+0.0089%8h0.005899−0.051%$87K$14K20xas long as short
Binance ACHUSDT+0.0100%8h0.005908+0.097%$1.5M$2.5M50xas long as short
Bybit ACHUSDT+0.0100%4h0.005904+0.034%$709K$361K25xas long as short
OKX ACH-USDT-SWAPshort+0.0100%4h0.005896−0.102%$333K$498K10x
Gate ACH_USDT+0.0100%8h0.005895−0.119%$139K$58K50xas long as short
MEXC ACH_USDT+0.0100%8h0.005907+0.085%$884K$319K125xas long as short
KuCoin ACHUSDTMlong+0.0100%8h0.005902long leg$183K$19K30x
Bitget ACHUSDT+0.0100%8h0.005901−0.017%$759K$383K50xas long as short
BingX ACH-USDT+0.0100%8h0.005901−0.017%$1.2Mas long as short
Variational Omni ACH+0.0100%4h0.005903+0.010%$8K$419as long as short