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

AWE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.016%
Price spread now: KuCoin against Binance+0.120%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$892as in the Funding arb table
Net, price: spread back to 7d avg − costs−$894as in the Price arb table
costs, in and out, $10k−$9029.021% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.103%+$10 on $10k
Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.120%, 7d avg +0.039%
Together, before fees−0.214%−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.081% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AWEUSDT0.064130.0100pay 0.0050% / 4h3h 59m$2.2M$1.4M40x
ShortKuCoin AWEUSDTM0.064210.0202get 0.0101% / 4h3h 59m$152K$65K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$21.42
Price spread: +0.120% → +0.039%
$8.08
Slippage, 4 orders
−$880.08
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$872.58
Costs to cover
9.021%
Break-even
292.2 days
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 55 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 Binance live order book, 6 min ago3.12 bp27.0 bp −$27134.0 bp −$1,340doesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago8.58 bp600.7 bp −$601doesn't fitdoesn't fitdoesn't fit

AWE on 9 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
BloFin AWE-USDT+0.0070%4h0.06419+0.089%$142K$23K40xas long as short
Aster AWEUSDT+0.0100%4h0.06414+0.006%$2K$8K5xas long as short
Binance AWEUSDTlong+0.0100%4h0.06413long leg$2.2M$1.4M40x
Bybit AWEUSDT+0.0100%4h0.06418+0.073%$539K$221K25xas long as short
MEXC AWE_USDT+0.0100%4h0.06414+0.011%$1.1M$131K20xas long as short
Bitget AWEUSDT+0.0100%4h0.06415+0.023%$442K$257K40xas long as short
Gate AWE_USDT+0.0165%8h0.06400−0.207%$47K$35K25xas long as short
KuCoin AWEUSDTMshort+0.0202%4h0.06421+0.120%$152K$65K20x
BingX AWE-USDT+0.0696%4h0.06414+0.011%$6.6Mas long as short