Funding arb · Price arb /

ANIME

all ANIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against KuCoin+0.339%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$219as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$2222.224% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.339%, 7d avg +0.057%

Together, before fees−0.307%−$31 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 0.282% dearer against KuCoin than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ANIMEUSDTM	0.003363	0.0100	pay 0.0050% / 4h	1h 58m	$435K	$61K	20x
Short	Binance ANIMEUSDT	0.003374	0.0100	get 0.0050% / 4h	1h 58m	$1.3M	$1.5M	20x

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 +0.339%Rate

Funding earned: $0
Price spread: +0.339% → +0.057%: $28.16
Slippage, 4 orders: −$200.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$194.22
Costs to cover: 2.224%
Break-even: never at this rate

Slippage from KuCoin: live order book, 60 min ago; Binance: live order book, 5 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, 60 min ago	5.99 bp	80.4 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.48 bp	38.5 bp −$39	184.8 bp −$1,848	doesn't fit	doesn't fit

ANIME on 13 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
Hyperliquid ANIME	+0.0100%	1h	0.003374	+0.327%	$294K	$87K	3x	as long as short
Aster ANIMEUSDT	+0.0100%	4h	0.003364	+0.038%	$27K	$3K	5x	as long as short
Binance ANIMEUSDTshort	+0.0100%	4h	0.003374	+0.339%	$1.3M	$1.5M	20x
Bybit ANIMEUSDT	+0.0100%	4h	0.003366	+0.089%	$694K	$266K	25x	as long as short
OKX ANIME-USDT-SWAP	+0.0100%	4h	0.003373	+0.297%	$435K	$510K	20x	as long as short
Gate ANIME_USDT	+0.0100%	4h	0.003361	−0.059%	$140K	$51K	25x	as long as short
MEXC ANIME_USDT	+0.0100%	4h	0.003370	+0.208%	$208K	$86K	20x	as long as short
KuCoin ANIMEUSDTMlong	+0.0100%	4h	0.003363	long leg	$435K	$61K	20x
Bitget ANIMEUSDT	+0.0100%	4h	0.003368	+0.149%	$856K	$133K	10x	as long as short
BingX ANIME-USDT	+0.0100%	4h	0.003370	+0.208%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ANIME	+0.0100%	4h	0.003369	+0.190%	$11K	$553	—	as long as short
Kraken Futures PF_ANIMEUSD	+0.0345%	1h	0.003366	+0.080%	$33K	$1K	10x	as long as short
GMX ANIME/USD [ANIME-USDC]	L +0.0497% / S −0.2017%	1h	0.003365	+0.059%	$822	—	100x	as long as short