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

ALCH

all ALCH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against Binance−0.282%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$603as in the Funding arb table
Net, price: spread back to 7d avg − costs−$604as in the Price arb table
costs, in and out, $10k−$5925.925% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 7 days+0.039%+$4 · spread now −0.282%, 7d avg −0.165%
Together, before fees−0.066%−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.117% cheaper against Binance than usual: you would sell low and buy high (spread −0.282% now, against its 7-day average of −0.165%). If the spread goes back, that is −$12 on $10k: about 2.6 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ALCHUSDT0.051420.0564pay 0.0282% / 4h3h 52m$6.0M$29.1M10x
ShortKuCoin ALCHUSDTM0.051270.0712get 0.0356% / 4h3h 52m$1.2M$328K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$31.13
Price spread: −0.282% → −0.165%
−$11.71
Slippage, 4 orders
−$570.5
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$573.07
Costs to cover
5.925%
Break-even
135.8 days
Slippage from Binance: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 4 min ago2.92 bp41.8 bp −$42360.3 bp −$3,603doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago19.50 bp157.2 bp −$157doesn't fitdoesn't fitdoesn't fit

ALCH on 11 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 ALCHUSDT+0.0100%4h0.05132−0.185%$2.9M$6.6M20xas long as short
Gate ALCH_USDT+0.0100%4h0.05135−0.127%$293K$738K20xas long as short
Bitget ALCHUSDT+0.0100%4h0.05152+0.204%$907K$2.2M10xas long as short
Variational Omni ALCH+0.0100%4h0.05142+0.003%$4K$18Kas long as short
BloFin ALCH-USDT+0.0542%4h0.05136−0.107%$386K$123K10xas long as short
MEXC ALCH_USDT+0.0562%4h0.05138−0.068%$5.2M$2.6M100xas long as short
Binance ALCHUSDTlong+0.0564%4h0.05142long leg$6.0M$29.1M10x
BingX ALCH-USDT+0.0588%4h0.05138−0.068%$6.8Mas long as short
Aster ALCHUSDT+0.0601%4h0.05134−0.141%$12K$135K5xas long as short
KuCoin ALCHUSDTMshort+0.0712%4h0.05127−0.282%$1.2M$328K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALCHUSD+0.1874%1h0.05131−0.208%$12K$36K10xas long as short