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

BAN

all BAN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0302%/8h= +33.1% APRnext payment +$1.51 per $10,000 · paid last 24h +0.139%
Price spread now: MEXC against KuCoin+0.044%7-day average +0.287% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,532as in the Price arb table
costs, in and out, $10k−$1,50815.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.044%, 7d avg +0.287%
Together, before fees+0.549%+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.244% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.287%). If the spread goes back, that is −$24 on $10k: about 2.7 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BANUSDTM0.068510.0100pay 0.0050% / 4h1h 56m$315K$15K20x
ShortMEXC BAN_USDT0.068540.0402get 0.0201% / 4h1h 56m$8.2M$150K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$63.42
Price spread: +0.044% → +0.287%
−$24.35
Slippage, 4 orders
−$1,491.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,468.73
Costs to cover
15.078%
Break-even
169.1 days
Slippage from KuCoin: live order book, 39 min ago; MEXC: live order book, 1 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, 39 min ago40.26 bp820.8 bp −$821doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.92 bp11.7 bp −$1284.0 bp −$840227.3 bp −$22.7K531.5 bp −$265.7K

BAN on 8 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 BANUSDT+0.0100%4h0.06843−0.117%$2.9M$298K13xas long as short
Gate BAN_USDT+0.0100%8h0.06847−0.058%$1.2M$48K20xas long as short
KuCoin BANUSDTMlong+0.0100%4h0.06851long leg$315K$15K20x
Bitget BANUSDT+0.0100%4h0.06858+0.102%$1.1M$60K25xas long as short
Variational Omni BAN+0.0100%4h0.06840−0.156%$16as long as short
Aster BANUSDT+0.0113%4h0.06858+0.096%$12K$6245xas long as short
Binance BANUSDT+0.0392%4h0.06857+0.091%$6.7M$785K25xas long as short
MEXC BAN_USDTshort+0.0402%4h0.06854+0.044%$8.2M$150K100x