Funding arb · Price arb /

AIO

all AIO markets

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: Binance against KuCoin+0.107%7-day average +0.193% · you sell dearer than you buy

Net, funding: paid 7d − costs−$651as in the Funding arb table

Net, price: spread back to 7d avg − costs−$655as in the Price arb table

costs, in and out, $10k−$6476.469% of the position

Long on KuCoin Short on Binance

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)+0.147%+$15 · spread now +0.107%, 7d avg +0.193%

Together, before fees+0.103%+$10 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: Binance is 0.085% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.193%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AIOUSDTM	0.03966	0.0100	pay 0.0050% / 4h	1h 13m	$809K	$41K	30x
Short	Binance AIOUSDT	0.03970	0.0100	get 0.0050% / 4h	1h 13m	$3.2M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → +0.193%: −$8.55
Slippage, 4 orders: −$624.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$655.46
Costs to cover: 6.469%
Break-even: never at this rate

Slippage from KuCoin: live order book, 20 min ago; Binance: live order book, 7 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 KuCoin live order book, 20 min ago	16.40 bp	281.0 bp −$281	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	3.79 bp	30.6 bp −$31	184.3 bp −$1,843	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
Aster AIOUSDT	+0.0100%	4h	0.03954	−0.293%	$21K	$19K	5x	as long as short
Binance AIOUSDTshort	+0.0100%	4h	0.03970	+0.107%	$3.2M	$2.1M	50x
Bybit AIOUSDT	+0.0100%	4h	0.03965	−0.025%	$585K	$77K	5x	as long as short
Gate AIO_USDT	+0.0100%	4h	0.03953	−0.328%	$462K	$135K	20x	as long as short
MEXC AIO_USDT	+0.0100%	4h	0.03968	+0.050%	$222K	$121K	50x	as long as short
KuCoin AIOUSDTMlong	+0.0100%	4h	0.03966	long leg	$809K	$41K	30x
Bitget AIOUSDT	+0.0100%	4h	0.03953	−0.328%	$1.2M	$369K	50x	as long as short
BingX AIO-USDT	+0.0100%	4h	0.03970	+0.101%	—	$6.6M	—	as long as short