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

ATH

all ATH 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: Binance against KuCoin+0.067%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4544.543% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.067%, 7d avg +0.048%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATHUSDTM0.0055200.0100pay 0.0050% / 4h2h 49m$558K$77K30x
ShortBinance ATHUSDT0.0055240.0100get 0.0050% / 4h2h 49m$3.3M$4.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.067% → +0.048%
$1.87
Slippage, 4 orders
−$432.34
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$452.47
Costs to cover
4.543%
Break-even
never at this rate
Slippage from KuCoin: live order book, 63 min ago; Binance: live order book, 2 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, 63 min ago15.31 bp143.3 bp −$143doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.82 bp36.0 bp −$36108.0 bp −$1,080doesn'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−0.2733%1h0.005518−0.036%$19K$106K10xas long as short
Variational Omni ATH−0.0066%4h0.005492−0.514%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005530+0.183%$11K$575xas long as short
BloFin ATH-USDT+0.0058%4h0.005526+0.109%$170K$73K75xas long as short
Aster ATHUSDT+0.0100%4h0.005528+0.143%$5K$40K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005524+0.067%$3.3M$4.0M50x
Bybit ATHUSDT+0.0100%4h0.005513−0.127%$4.4M$2.4M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005512−0.145%$703K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005518−0.036%$788K$536K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005528+0.145%$8.8M$603K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMlong+0.0100%4h0.005520long leg$558K$77K30x
Bitget ATHUSDT+0.0100%4h0.005525+0.091%$1.6M$847K25xas long as short
BingX ATH-USDT+0.0100%4h0.005519−0.018%$21.7Mas long as short