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

ALPINE

all ALPINE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.143%
Price spread now: KuCoin against Bybit+0.085%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,299as in the Price arb table
costs, in and out, $10k−$2,30323.029% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.335%+$33 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.085%, 7d avg +0.042%
Together, before fees+0.190%+$19 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 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ALPINEUSDT0.35260.0100pay 0.0050% / 4h1h 10m$155K$31K25x
ShortKuCoin ALPINEUSDTM0.35290.0100get 0.0050% / 4h1h 10m$233K$524K10x

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
$0
Price spread: +0.085% → +0.042%
$4.34
Slippage, 4 orders
−$2,279.94
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,298.6
Costs to cover
23.029%
Break-even
never at this rate
Slippage from Bybit: live order book, 63 min ago; KuCoin: live order book, 62 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, 63 min ago5.65 bp177.3 bp −$177doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 62 min ago7.07 bp773.6 bp −$774doesn't fitdoesn't fitdoesn't fit

ALPINE on 7 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
Binance ALPINEUSDT+0.0100%4h0.3529+0.081%$1.6M$753K10xas long as short
Bybit ALPINEUSDTlong+0.0100%4h0.3526long leg$155K$31K25x
Gate ALPINE_USDT+0.0100%8h0.3531+0.142%$68K$20K25xas long as short
MEXC ALPINE_USDT+0.0100%4h0.3528+0.057%$171K$103K50xas long as short
KuCoin ALPINEUSDTMshort+0.0100%4h0.3529+0.085%$233K$524K10x
BingX ALPINE-USDT+0.0100%4h0.3523−0.085%$1.2Mas long as short
Variational Omni ALPINE+0.0100%4h0.3531+0.143%$5K$1as long as short