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

API3

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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: KuCoin against OKX−0.191%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$656as in the Price arb table
costs, in and out, $10k−$6376.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.191%, 7d avg −0.006%
Together, before fees−0.043%−$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 0.185% cheaper against OKX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX API3-USDT-SWAP0.26210.0100pay 0.0050% / 4h29m 37s$652K$509K10x
ShortKuCoin API3USDTM0.26160.0100get 0.0050% / 4h29m 37s$1.0M$245K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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: −0.191% → −0.006%
−$18.49
Slippage, 4 orders
−$615.13
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$655.62
Costs to cover
6.371%
Break-even
never at this rate
Slippage from OKX: live order book, 26 min ago; KuCoin: live order book, 5 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 OKX live order book, 26 min ago3.83 bp50.7 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago11.53 bp266.1 bp −$266doesn'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%4h0.2617−0.138%$2K$3K5xas long as short
Binance API3USDT+0.0100%4h0.2620−0.042%$2.6M$2.0M50xas long as short
Bybit API3USDT+0.0100%4h0.2623+0.076%$988K$415K25xas long as short
OKX API3-USDT-SWAPlong+0.0100%4h0.2621long leg$652K$509K10x
Gate API3_USDT+0.0100%8h0.2619−0.076%$126K$113K50xas long as short
MEXC API3_USDT+0.0100%4h0.2619−0.076%$464K$274K50xas long as short
KuCoin API3USDTMshort+0.0100%4h0.2616−0.191%$1.0M$245K30x
Bitget API3USDT+0.0100%4h0.2616−0.191%$649K$204K20xas long as short
BingX API3-USDT+0.0100%4h0.2620−0.038%$6.7Mas long as short
Variational Omni API3+0.0100%4h0.2619−0.094%$6K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin API3-USDT+0.0114%4h0.2615−0.229%$135K$28K50xas long as short
Kraken Futures PF_API3USD+0.2721%1h0.2633+0.449%$13K$3K10xas long as short