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

ACH

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against OKX−0.154%7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$719as in the Funding arb table
Net, price: spread back to 7d avg − costs−$741as in the Price arb table
costs, in and out, $10k−$7207.205% 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)+0.900%+$90 · spread now −0.154%, 7d avg +0.056%
Together, before fees+0.909%+$91 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 0.210% cheaper against OKX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ACH-USDT-SWAP0.0058590.0100pay 0.0050% / 4h2h 35m$331K$488K10x
ShortKuCoin ACHUSDTM0.0058500.0100get 0.0100% / 8h2h 35m$263K$52K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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: −0.154% → +0.056%
−$20.99
Slippage, 4 orders
−$698.45
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$741.44
Costs to cover
7.205%
Break-even
never at this rate
Slippage from OKX: live order book, 10 min ago; KuCoin: live order book, 21 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 OKX live order book, 10 min ago1.70 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 21 min ago31.41 bp441.3 bp −$441doesn'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+0.0081%8h0.005846−0.222%$86K$11K20xas long as short
Binance ACHUSDT+0.0100%8h0.005867+0.137%$1.5M$2.6M50xas long as short
Bybit ACHUSDT+0.0100%4h0.005866+0.119%$700K$324K25xas long as short
OKX ACH-USDT-SWAPlong+0.0100%4h0.005859long leg$331K$488K10x
Gate ACH_USDT+0.0100%8h0.005851−0.137%$137K$56K50xas long as short
MEXC ACH_USDT+0.0100%8h0.005852−0.119%$898K$345K125xas long as short
KuCoin ACHUSDTMshort+0.0100%8h0.005850−0.154%$263K$52K30x
Bitget ACHUSDT+0.0100%8h0.005868+0.154%$758K$402K50xas long as short
BingX ACH-USDT+0.0100%8h0.005867+0.137%$1.3Mas long as short
Variational Omni ACH+0.0100%4h0.005854−0.092%$8K$421as long as short