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

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.319%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$545as in the Price arb table
costs, in and out, $10k−$5215.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.319%, 7d avg −0.086%
Together, before fees+0.297%+$30 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: OKX is 0.233% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BIGTIMEUSDTM0.0081550.0100pay 0.0050% / 4h22m 49s$229K$27K20x
ShortOKX BIGTIME-USDT-SWAP0.0081290.0100get 0.0050% / 4h22m 49s$429K$338K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.319% → −0.086%
−$23.28
Slippage, 4 orders
−$499.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$544.64
Costs to cover
5.214%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; OKX: live order book, 13 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, 9 min ago29.28 bp191.7 bp −$192doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 13 min ago3.04 bp36.9 bp −$37doesn't fitdoesn't fitdoesn't fit

BIGTIME on 12 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
Hyperliquid BIGTIME+0.0100%1h0.008146−0.110%$128K$87K3xas long as short
Binance BIGTIMEUSDT+0.0100%4h0.008145−0.123%$1.8M$2.3M50xas long as short
Bybit BIGTIMEUSDT+0.0100%4h0.008145−0.123%$662K$701K25xas long as short
OKX BIGTIME-USDT-SWAPshort+0.0100%4h0.008129−0.319%$429K$338K10x
Gate BIGTIME_USDT+0.0100%4h0.008137−0.221%$60K$30K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008145−0.123%$442K$176K125xas long as short
KuCoin BIGTIMEUSDTMlong+0.0100%4h0.008155long leg$229K$27K20x
Bitget BIGTIMEUSDT+0.0100%4h0.008150−0.061%$550K$198K50xas long as short
BingX BIGTIME-USDT+0.0100%4h0.008143−0.147%$2.3Mas long as short
Variational Omni BIGTIME+0.0100%4h0.008163+0.104%$10K$555as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BIGTIME-USDT+0.0154%4h0.008141−0.172%$90K$5K50xas long as short
Kraken Futures PF_BIGTIMEUSD+4.0590%1h0.008123−0.397%$8K$8K10xas long as short