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

AEON

all AEON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0186%/8h= +20.4% APRnext payment +$0.93 per $10,000 · paid last 24h +0.043%
Price spread now: KuCoin against Bybit−0.362%7-day average +0.182% · you buy dearer than you sell
Net, funding: paid 7d − costs−$904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$986as in the Price arb table
costs, in and out, $10k−$9319.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.276%+$28 on $10k
Price spread, last 4 days (all we have)+0.544%+$54 · spread now −0.362%, 7d avg +0.182%
Together, before fees+0.820%+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.544% cheaper against Bybit than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of +0.182%). If the spread goes back, that is −$54 on $10k: about 9.7 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AEONUSDT0.063510.0100pay 0.0050% / 4h3h 53m$580K$287K25x
ShortKuCoin AEONUSDTM0.063280.0286get 0.0143% / 4h3h 53m$1.1M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$39.06
Price spread: −0.362% → +0.182%
−$54.38
Slippage, 4 orders
−$908.4
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$946.72
Costs to cover
9.314%
Break-even
176.7 days
Slippage from Bybit: live order book, 36 min ago; KuCoin: live order book, 2 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 Bybit live order book, 36 min ago13.79 bp123.5 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago12.63 bp357.9 bp −$358doesn't fitdoesn't fitdoesn't fit

AEON on 6 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
Bybit AEONUSDTlong+0.0100%4h0.06351long leg$580K$287K25x
Gate AEON_USDT+0.0100%4h0.06344−0.110%$611K$294K20xas long as short
Bitget AEONUSDT+0.0100%4h0.06343−0.126%$2.2M$824K20xas long as short
KuCoin AEONUSDTMshort+0.0286%4h0.06328−0.362%$1.1M$1.8M20x
OKX AEON-USDT-SWAP+0.0335%4h0.06337−0.220%$1.9M$7.7M20xas long as short
Aster AEONUSDT+0.0437%1h0.06311−0.630%$40K$43K5xas long as short