Funding arb · Price arb /

ALT

all ALT 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: KuCoin against BingX−0.053%7-day average +0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,097as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,107as in the Price arb table

costs, in and out, $10k−$1,09710.971% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.053%, 7d avg +0.049%

Together, before fees+0.094%+$9 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 0.102% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ALT-USDT	0.007550	0.0100	pay 0.0050% / 4h	2h 50m	—	$1.3M	—
Short	KuCoin ALTUSDTM	0.007546	0.0100	get 0.0050% / 4h	2h 50m	$149K	$20K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → +0.049%: −$10.17
Slippage, 4 orders: −$1,075.12
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,107.29
Costs to cover: 10.971%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 53 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 BingX live order book, 10 min ago	3.99 bp	20.1 bp −$20	59.1 bp −$591	569.5 bp −$57.0K	790.0 bp −$395.0K
Sell KuCoin live order book, 53 min ago	11.26 bp	578.8 bp −$579	doesn't fit	doesn't fit	doesn't fit

ALT on 14 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
BloFin ALT-USDT	+0.0080%	4h	0.007547	−0.040%	$173K	$10K	50x	as long as short
Variational Omni ALT	+0.0083%	4h	0.007532	−0.234%	$5K	$13K	—	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007546	−0.053%	$1.1M	$185K	3x	as long as short
Binance ALTUSDT	+0.0100%	4h	0.007557	+0.093%	$2.6M	$3.6M	50x	as long as short
Bybit ALTUSDT	+0.0100%	4h	0.007545	−0.066%	$1.2M	$1.6M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007540	−0.132%	$52K	$396K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007556	+0.079%	$416K	$182K	50x	as long as short
KuCoin ALTUSDTMshort	+0.0100%	4h	0.007546	−0.053%	$149K	$20K	30x
Bitget ALTUSDT	+0.0100%	4h	0.007538	−0.159%	$598K	$114K	50x	as long as short
BingX ALT-USDTlong	+0.0100%	4h	0.007550	long leg	—	$1.3M	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ALT_USDC-PERPETUAL	+0.0148%	1h	0.007544	−0.079%	—	$0	25x	as long as short
Kraken Futures PF_ALTUSD	+0.0209%	1h	0.007550	−0.005%	$44K	$8K	10x	as long as short
Coinbase International ALT-PERP-INTX	+0.0432%	1h	0.007598	+0.636%	$14K	$3K	50x	as long as short
Injective ALT/USDC PERP	+0.5000%	1h	0.007604	+0.715%	$827	$4K	5.5x	as long as short