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

API3

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SwapBacktest
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 0.000%
Price spread now: OKX against KuCoin−0.038%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$402as in the Funding arb table
Net, price: spread back to 7d avg − costs−$416as in the Price arb table
costs, in and out, $10k−$4124.117% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days+0.130%+$13 · spread now −0.038%, 7d avg +0.004%
Together, before fees+0.224%+$22 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: OKX is 0.042% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin API3USDTM0.26270.0100pay 0.0050% / 4h3h 31m$1.0M$243K30x
ShortOKX API3-USDT-SWAP0.26260.0100get 0.0050% / 4h3h 31m$652K$506K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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% → +0.004%
−$4.24
Slippage, 4 orders
−$389.68
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$415.92
Costs to cover
4.117%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 20 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 ago7.62 bp154.5 bp −$154doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 20 min ago5.69 bp42.8 bp −$43doesn't fitdoesn'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
Aster API3USDT+0.0100%4h0.2627−0.006%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2628+0.038%$2.6M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2631+0.152%$989K$397K25xas long as short
OKX API3-USDT-SWAPshort+0.0100%4h0.2626−0.038%$652K$506K10x
Gate API3_USDT+0.0100%8h0.2628+0.038%$126K$113K50xas long as short
MEXC API3_USDT+0.0100%4h0.26270.000%$459K$288K50xas long as short
KuCoin API3USDTMlong+0.0100%4h0.2627long leg$1.0M$243K30x
Bitget API3USDT+0.0100%4h0.2628+0.038%$651K$196K20xas long as short
BingX API3-USDT+0.0100%4h0.26270.000%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2626−0.037%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0158%4h0.2624−0.114%$135K$24K50xas long as short
Kraken Futures PF_API3USD+0.4753%1h0.2633+0.225%$13K$3K10xas long as short