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

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX+0.192%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4414.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.192%, 7d avg +0.044%
Together, before fees−0.180%−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.148% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BAT-USDT-SWAP0.083340.0100pay 0.0100% / 8h4h 51m$521K$351K20x
ShortKuCoin BATUSDTM0.083500.0100get 0.0100% / 8h4h 51m$259K$54K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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: +0.192% → +0.044%
$14.82
Slippage, 4 orders
−$419.06
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$426.24
Costs to cover
4.411%
Break-even
never at this rate
Slippage from OKX: live order book, 52 min ago; KuCoin: live order book, 42 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 OKX live order book, 52 min ago1.20 bp38.7 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago18.00 bp196.7 bp −$197doesn't fitdoesn't fitdoesn't fit

BAT on 11 exchanges

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_BATUSD−0.1680%1h0.08345+0.130%$114K$6K10xas long as short
BloFin BAT-USDT+0.0085%8h0.08352+0.216%$99K$36K50xas long as short
Binance BATUSDT+0.0100%8h0.08335+0.012%$1.9M$2.4M50xas long as short
Bybit BATUSDT+0.0100%8h0.08345+0.132%$1.1M$484K25xas long as short
OKX BAT-USDT-SWAPlong+0.0100%8h0.08334long leg$521K$351K20x
Gate BAT_USDT+0.0100%8h0.08352+0.216%$89K$39K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08347+0.156%$552K$1.3M125xas long as short
KuCoin BATUSDTMshort+0.0100%8h0.08350+0.192%$259K$54K20x
Bitget BATUSDT+0.0100%8h0.08330−0.048%$678K$182K50xas long as short
BingX BAT-USDT+0.0100%8h0.08347+0.156%$1.3Mas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BAT+0.0100%8h0.08349+0.183%$111K$2Kas long as short