Funding arb · Price arb /

ANKR

all ANKR 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 Bitget−0.020%7-day average +0.071% · you buy dearer than you sell

Net, funding: paid 7d − costs−$408as in the Funding arb table

Net, price: spread back to 7d avg − costs−$417as in the Price arb table

costs, in and out, $10k−$4084.083% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.020%, 7d avg +0.071%

Together, before fees+0.041%+$4 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 0.090% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ANKRUSDT	0.005037	0.0100	pay 0.0050% / 4h	2h 48m	$535K	$309K	50x
Short	KuCoin ANKRUSDTM	0.005036	0.0100	get 0.0050% / 4h	2h 48m	$372K	$109K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → +0.071%: −$9.04
Slippage, 4 orders: −$384.3
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$417.34
Costs to cover: 4.083%
Break-even: never at this rate

Slippage from Bitget: live order book, 16 min ago; KuCoin: live order book, 63 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 Bitget live order book, 16 min ago	8.90 bp	31.1 bp −$31	125.6 bp −$1,256	doesn't fit	doesn't fit
Sell KuCoin live order book, 63 min ago	17.97 bp	198.0 bp −$198	doesn't fit	doesn't fit	doesn't fit

ANKR on 10 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
Kraken Futures PF_ANKRUSD	−0.2648%	1h	0.005030	−0.140%	$10K	$1K	10x	as long as short
Gate ANKR_USDT	+0.0024%	4h	0.005030	−0.139%	$64K	$63K	25x	as long as short
Binance ANKRUSDT	+0.0100%	4h	0.005036	−0.020%	$1.9M	$2.4M	50x	as long as short
Bybit ANKRUSDT	+0.0100%	8h	0.005034	−0.060%	$860K	$421K	25x	as long as short
MEXC ANKR_USDT	+0.0100%	4h	0.005036	−0.020%	$461K	$149K	20x	as long as short
KuCoin ANKRUSDTMshort	+0.0100%	4h	0.005036	−0.020%	$372K	$109K	30x
Bitget ANKRUSDTlong	+0.0100%	4h	0.005037	long leg	$535K	$309K	50x
BingX ANKR-USDT	+0.0100%	4h	0.005030	−0.139%	—	$1.2M	—	as long as short
Variational Omni ANKR	+0.0100%	8h	0.005021	−0.313%	$2K	$1K	—	as long as short
BloFin ANKR-USDT	+0.0122%	4h	0.005036	−0.020%	$124K	$21K	50x	as long as short