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

BEL

all BEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−3.9608%/8h= −4337.1% APRpaid last 24h −4.070%
Price spread now: KuCoin against Kraken Futures−1.034%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1,188 a day on $10k at the current rate, and KuCoin is 1.034% cheaper against Kraken Futures than usual: you would sell low and buy high (−$103 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BELUSD0.12753.9708pay 0.4964% / 1h26m 35s$9K$10K10x
ShortKuCoin BELUSDTM0.12620.0100get 0.0100% / 8h3h 26m$61K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Kraken Futures. 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
−$8,317.7
Price spread: −1.034% → 0.000%
−$103.4
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$8,443.1
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell KuCoin no order-book sample
Kraken Futures and KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BEL 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
Aster BELUSDT+0.0100%8h0.1262−1.046%$11K$1K5xas long as short
Binance BELUSDT+0.0100%8h0.1262−1.065%$2.0M$1.5M10xas long as short
MEXC BEL_USDT+0.0100%8h0.1262−1.018%$153K$91K50xas long as short
KuCoin BELUSDTMshort+0.0100%8h0.1262−1.034%$61K$17K10x
Variational Omni BEL+0.0100%8h0.1265−0.781%$3K$11as long as short
Bybit BELUSDT+0.0384%8h0.1263−0.948%$244K$149K10xas long as short
Gate BEL_USDT+0.0538%8h0.1263−0.948%$110K$42K10xas long as short
Kraken Futures PF_BELUSDlong+3.9708%1h0.1275long leg$9K$10K10x