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

BIRB

all BIRB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%
Price spread now: MEXC against KuCoin−0.015%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 7 days−0.273%−$27 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BIRBUSDTM0.068130.0100pay 0.0050% / 4h3h 37m$82K$35K20x
ShortMEXC BIRB_USDT0.068120.0100get 0.0050% / 4h3h 37m$137K$100K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.015% → 0.000%
−$1.47
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$17.47
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: KuCoin: no order-book sample; MEXC: live order book, 32 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 MEXC live order book, 32 min ago2.94 bp14.0 bp −$1473.5 bp −$735242.9 bp −$24.3K527.9 bp −$264.0K
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%4h0.06809−0.059%$15K$14K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06814+0.012%$1.2M$1.8M50xas long as short
Gate BIRB_USDT+0.0100%4h0.06804−0.132%$49K$71K20xas long as short
MEXC BIRB_USDTshort+0.0100%4h0.06812−0.015%$137K$100K50x
KuCoin BIRBUSDTMlong+0.0100%4h0.06813long leg$82K$35K20x
Bitget BIRBUSDT+0.0100%4h0.06802−0.161%$420K$125K20xas long as short
Bybit BIRBUSDT+0.4363%4h0.06786−0.396%$644K$461K25xas long as short
BloFin BIRB-USDT+0.4403%4h0.06783−0.440%$82K$5K25xas long as short
BingX BIRB-USDT+0.5088%4h0.06806−0.103%$747Kas long as short