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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0538%/8h= −58.9% APRnext payment $2.69 per $10,000 · paid last 24h −0.900%
Price spread now: KuCoin against BloFin+0.293%50s7-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−0.692%−$69 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.293% dearer against BloFin than usual: you sell high and buy low (spread +0.293% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 44 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BIRB-USDT0.068260.0638pay 0.0319% / 4h2h 50m$83K$5K25x
ShortKuCoin BIRBUSDTM0.068460.0100get 0.0050% / 4h2h 50m$82K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$113.02
Price spread: +0.293% → 0.000%
$29.3
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$107.72
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: 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 BloFin no order-book sample
Sell KuCoin no order-book sample
BloFin 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.

BIRB on 9 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 BIRBUSDT+0.0100%4h0.06832+0.082%$15K$16K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06838+0.176%$1.2M$1.9M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06833+0.103%$56K$62K20xas long as short
MEXC BIRB_USDT+0.0100%4h0.06840+0.205%$140K$99K50xas long as short
KuCoin BIRBUSDTMshort+0.0100%4h0.06846+0.293%$82K$36K20x
Bitget BIRBUSDT+0.0100%4h0.06834+0.117%$418K$176K20xas long as short
BingX BIRB-USDT+0.0574%4h0.06831+0.073%$751Kas long as short
Bybit BIRBUSDT+0.0578%4h0.06822−0.059%$637K$459K25xas long as short
BloFin BIRB-USDTlong+0.0638%4h0.06826long leg$83K$5K25x