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

BLEND

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.36 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.358%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−0.175%−$17 on $10k
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 −$2 a day on $10k at the current rate, and KuCoin is 0.358% cheaper against Gate than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BLEND_USDT0.067070.0100pay 0.0050% / 4h1m 29s$55K$18K20x
ShortKuCoin BLENDUSDTM0.066830.0028get 0.0014% / 4h1m 29s$232K$217K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
−$15.12
Price spread: −0.358% → 0.000%
−$35.78
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$77.9
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 9 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 Gate no order-book sample
Sell KuCoin live order book, 9 min ago10.48 bp840.6 bp −$841doesn't fitdoesn't fitdoesn't fit
Gate: 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.

BLEND on 7 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
KuCoin BLENDUSDTMshort+0.0028%4h0.06683−0.358%$232K$217K20x
Aster BLENDUSDT+0.0100%1h0.06740+0.492%$2K$3183xas long as short
Bybit BLENDUSDT+0.0100%4h0.06711+0.060%$834K$302K20xas long as short
OKX BLEND-USDT-SWAP+0.0100%4h0.06716+0.134%$182K$211K20xas long as short
Gate BLEND_USDTlong+0.0100%4h0.06707long leg$55K$18K20x
MEXC BLEND_USDT+0.0100%4h0.06726+0.283%$1.8M$166K50xas long as short
BingX BLEND-USDT+0.0100%4h0.06708+0.015%$1.6Mas long as short