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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.018%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$239as in the Price arb table
costs, in and out, $10k−$2372.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.018%, 7d avg +0.033%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ATH-USDT0.0055680.0100pay 0.0050% / 4h2h 32m$21.7M
ShortKuCoin ATHUSDTM0.0055690.0100get 0.0050% / 4h2h 32m$559K$84K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.018% → +0.033%
−$1.48
Slippage, 4 orders
−$215.5
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$238.98
Costs to cover
2.375%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; KuCoin: 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 BingX live order book, 1 min ago5.39 bp34.9 bp −$3587.7 bp −$877547.4 bp −$54.7K843.2 bp −$421.6K
Sell KuCoin live order book, 50 min ago12.76 bp77.6 bp −$78doesn't fitdoesn't fitdoesn't fit

ATH on 13 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_ATHUSD−0.3520%1h0.005564−0.068%$20K$107K10xas long as short
Variational Omni ATH−0.0198%4h0.005565−0.057%$188K$94Kas long as short
dYdX ATH-USD0.0000%1h0.005577+0.170%$11K$165xas long as short
OKX ATH-USDT-SWAP+0.0015%4h0.005566−0.036%$714K$1.2M20xas long as short
BloFin ATH-USDT+0.0097%4h0.005576+0.144%$172K$58K75xas long as short
Aster ATHUSDT+0.0100%4h0.005574+0.116%$7K$34K5xas long as short
Binance ATHUSDT+0.0100%4h0.005574+0.108%$3.4M$3.8M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005563−0.090%$4.5M$2.3M25xas long as short
Gate ATH_USDT+0.0100%4h0.005567−0.018%$797K$528K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005573+0.090%$8.9M$663K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMshort+0.0100%4h0.005569+0.018%$559K$84K30x
Bitget ATHUSDT+0.0100%4h0.005572+0.072%$1.6M$805K25xas long as short
BingX ATH-USDTlong+0.0100%4h0.005568long leg$21.7M