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

API3

all API3 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.039%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$411as in the Price arb table
costs, in and out, $10k−$4124.119% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.039%, 7d avg +0.028%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC API3_USDT0.25970.0100pay 0.0050% / 4h3h 39m$437K$306K50x
ShortKuCoin API3USDTM0.25980.0100get 0.0050% / 4h3h 39m$994K$239K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.039% → +0.028%
$1.05
Slippage, 4 orders
−$391.87
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$410.82
Costs to cover
4.119%
Break-even
never at this rate
Slippage from MEXC: live order book, 50 min ago; KuCoin: live order book, 35 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 MEXC live order book, 50 min ago1.92 bp11.8 bp −$1250.2 bp −$502136.6 bp −$13.7K275.1 bp −$137.6K
Sell KuCoin live order book, 35 min ago9.61 bp185.2 bp −$185doesn'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%4h0.2598+0.058%$2K$4K5xas long as short
Binance API3USDT+0.0100%4h0.2598+0.054%$2.6M$2.1M50xas long as short
Bybit API3USDT+0.0100%4h0.2600+0.116%$979K$392K25xas long as short
OKX API3-USDT-SWAP+0.0100%4h0.25970.000%$652K$524K10xas long as short
Gate API3_USDT+0.0100%8h0.2600+0.116%$118K$135K50xas long as short
MEXC API3_USDTlong+0.0100%4h0.2597long leg$437K$306K50x
KuCoin API3USDTMshort+0.0100%4h0.2598+0.039%$994K$239K30x
Bitget API3USDT+0.0100%4h0.2598+0.039%$642K$189K20xas long as short
BingX API3-USDT+0.0100%4h0.2598+0.039%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2602+0.195%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0107%4h0.2601+0.154%$132K$21K50xas long as short
Kraken Futures PF_API3USD+0.6198%1h0.2615+0.676%$13K$3K10xas long as short