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: Bybit against KuCoin+0.038%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$5105.105% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.038%, 7d avg +0.038%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin API3USDTM0.26060.0100pay 0.0050% / 4h2h 10m$1.0M$273K30x
ShortBybit API3USDT0.26070.0100get 0.0050% / 4h2h 10m$991K$397K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.038% → +0.038%
$0.01
Slippage, 4 orders
−$487.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$510.46
Costs to cover
5.105%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 50 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, 4 min ago9.57 bp153.4 bp −$153doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 50 min ago3.82 bp114.0 bp −$114doesn't fitdoesn't fitdoesn't fit

API3 on 11 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+0.100%$13K$2K10xas long as short
Aster API3USDT+0.0100%4h0.2609+0.124%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2605−0.032%$2.6M$2.0M50xas long as short
Bybit API3USDTshort+0.0100%4h0.2607+0.038%$991K$397K25x
OKX API3-USDT-SWAP+0.0100%4h0.2604−0.077%$648K$525K10xas long as short
Gate API3_USDT+0.0100%8h0.2609+0.115%$126K$103K50xas long as short
MEXC API3_USDT+0.0100%4h0.2605−0.038%$481K$266K50xas long as short
KuCoin API3USDTMlong+0.0100%4h0.2606long leg$1.0M$273K30x
Bitget API3USDT+0.0100%4h0.2604−0.077%$655K$203K20xas long as short
BingX API3-USDT+0.0100%4h0.26060.000%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni API3+0.0100%4h0.2610+0.136%$6K$1as long as short