Funding arb · Price arb /

AIO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget+0.225%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$689as in the Funding arb table

Net, price: spread back to 7d avg − costs−$679as in the Price arb table

costs, in and out, $10k−$6936.930% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)−0.293%−$29 · spread now +0.225%, 7d avg +0.082%

Together, before fees−0.250%−$25 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 0.143% dearer against Bitget than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AIOUSDT	0.04002	0.0100	pay 0.0050% / 4h	27m 17s	$1.3M	$365K	50x
Short	KuCoin AIOUSDTM	0.04011	0.0100	get 0.0050% / 4h	27m 17s	$817K	$40K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now +0.225%Rate

Funding earned: $0
Price spread: +0.225% → +0.082%: $14.3
Slippage, 4 orders: −$669.05
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$678.74
Costs to cover: 6.930%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	6.26 bp	55.5 bp −$55	594.6 bp −$5,946	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	15.00 bp	292.6 bp −$293	doesn't fit	doesn't fit	doesn't fit

AIO on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AIOUSDT	+0.0100%	4h	0.04019	+0.436%	$3.2M	$2.1M	50x	as long as short
Bybit AIOUSDT	+0.0100%	4h	0.04010	+0.200%	$592K	$82K	5x	as long as short
Gate AIO_USDT	+0.0100%	4h	0.04003	+0.025%	$466K	$126K	20x	as long as short
MEXC AIO_USDT	+0.0100%	4h	0.04016	+0.350%	$224K	$119K	50x	as long as short
KuCoin AIOUSDTMshort	+0.0100%	4h	0.04011	+0.225%	$817K	$40K	30x
Bitget AIOUSDTlong	+0.0100%	4h	0.04002	long leg	$1.3M	$365K	50x
BingX AIO-USDT	+0.0100%	4h	0.04017	+0.375%	—	$6.6M	—	as long as short
Aster AIOUSDT	+0.0150%	4h	0.04014	+0.300%	$22K	$19K	5x	as long as short