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

B

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.050%
Price spread now: Extended against KuCoin+0.088%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$907as in the Funding arb table
Net, price: spread back to 7d avg − costs−$936as in the Price arb table
costs, in and out, $10k−$9329.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.255%+$25 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.088%, 7d avg +0.121%
Together, before fees+0.191%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.088% now, against its 7-day average of +0.121%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.255% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BUSDTM0.20360.0100pay 0.0050% / 4h1h 36m$1.9M$80K10x
ShortExtended B-USD0.20380.0344get 0.0043% / 1h36m 06s$18K$198K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$51.24
Price spread: +0.088% → +0.121%
−$3.25
Slippage, 4 orders
−$915.38
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$884.4
Costs to cover
9.324%
Break-even
127.8 days
Slippage from KuCoin: live order book, 10 min ago; Extended: 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 KuCoin live order book, 10 min ago15.43 bp522.4 bp −$522doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 5 min ago8.10 bp126.1 bp −$126doesn't fitdoesn't fitdoesn't fit

B on 11 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
Bybit BUSDT+0.0100%4h0.2035−0.049%$1.7M$1.0M13xas long as short
Gate B_USDT+0.0100%4h0.2037+0.059%$3.5M$637K20xas long as short
KuCoin BUSDTMlong+0.0100%4h0.2036long leg$1.9M$80K10x
edgeX BUSDC+0.0335%4h0.2040+0.208%$3K$387K5xas long as short
Extended B-USDshort+0.0344%1h0.2038+0.088%$18K$198K5x
MEXC B_USDT+0.0344%4h0.2037+0.059%$990K$377K100xas long as short
Binance BUSDT+0.0344%4h0.2039+0.163%$11.8M$2.0M20xas long as short
BloFin B-USDT+0.0394%4h0.2042+0.305%$609K$38K20xas long as short
BingX B-USDT+0.0670%4h0.2039+0.157%$1.3Mas long as short
Bitget BUSDT+0.0712%4h0.2037+0.059%$2.8M$360K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1073%4h0.2039+0.152%$1.9M$221K5xas long as short