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

BEL

all BEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0901%/8h= +98.7% APRnext payment +$9.01 per $10,000 · paid last 24h +0.053%
Price spread now: Gate against KuCoin+0.143%7-day average · you sell dearer than you buy
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 7 days+0.370%+$37 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Gate is 0.143% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.370% in total (about 19.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BELUSDTM0.12630.0100pay 0.0100% / 8h7h 39m$59K$17K10x
ShortGate BEL_USDT0.12650.1001get 0.1001% / 8h7h 39m$112K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$189.21
Price spread: +0.143% → 0.000%
$14.25
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$176.46
Costs to cover
0.270%
Break-even
0.5 days
Slippage unknown: KuCoin: no order-book sample; Gate: live order book, 26 min ago. 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 KuCoin no order-book sample
Sell Gate live order book, 26 min ago8.69 bp47.3 bp −$47doesn't fitdoesn't fitdoesn't fit
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
Kraken Futures PF_BELUSD−0.0776%1h0.1277+1.113%$9K$10K10xas long as short
Aster BELUSDT+0.0100%8h0.1264+0.096%$11K$3K5xas long as short
Binance BELUSDT+0.0100%8h0.1264+0.063%$2.0M$1.4M10xas long as short
Bybit BELUSDT+0.0100%8h0.1265+0.119%$236K$129K10xas long as short
MEXC BEL_USDT+0.0100%8h0.1263+0.040%$158K$90K50xas long as short
KuCoin BELUSDTMlong+0.0100%8h0.1263long leg$59K$17K10x
Variational Omni BEL+0.0100%8h0.1265+0.123%$3K$11as long as short
Gate BEL_USDTshort+0.1001%8h0.1265+0.143%$112K$44K10x