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

API3

all API3 markets
SwapBacktest
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: Bitget against KuCoin−0.154%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5385.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.154%, 7d avg −0.041%
Together, before fees+0.248%+$25 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: Bitget is 0.113% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin API3USDTM0.25990.0100pay 0.0050% / 4h2h 56m$1.0M$271K30x
ShortBitget API3USDT0.25950.0100get 0.0050% / 4h2h 56m$658K$205K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$0
Price spread: −0.154% → −0.041%
−$11.27
Slippage, 4 orders
−$513.66
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$548.93
Costs to cover
5.377%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 9 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 KuCoin live order book, 3 min ago9.56 bp273.8 bp −$274doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 9 min ago5.70 bp27.8 bp −$2896.3 bp −$963doesn't fitdoesn't fit

API3 on 12 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
Kraken Futures PF_API3USD−0.0556%1h0.2609+0.379%$13K$2K10xas long as short
BloFin API3-USDT+0.0040%4h0.2607+0.308%$138K$27K50xas long as short
Aster API3USDT+0.0100%4h0.2603+0.153%$2K$5K5xas long as short
Binance API3USDT+0.0100%4h0.2600+0.033%$2.7M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2598−0.038%$984K$390K25xas long as short
OKX API3-USDT-SWAP+0.0100%4h0.2595−0.154%$648K$517K10xas long as short
Gate API3_USDT+0.0100%8h0.25990.000%$129K$94K50xas long as short
MEXC API3_USDT+0.0100%4h0.2595−0.154%$458K$252K50xas long as short
KuCoin API3USDTMlong+0.0100%4h0.2599long leg$1.0M$271K30x
Bitget API3USDTshort+0.0100%4h0.2595−0.154%$658K$205K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX API3-USDT+0.0100%4h0.2598−0.038%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2613+0.540%$6K$1as long as short