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

BLUAI

all BLUAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0129%/8h= +14.2% APRnext payment +$0.65 per $10,000 · paid last 24h −0.090%
Price spread now: KuCoin against Bybit+1.251%7-day average +0.562% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,812as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,701as in the Price arb table
costs, in and out, $10k−$1,77017.700% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.416%−$42 on $10k
Price spread, last 7 days−0.768%−$77 · spread now +1.251%, 7d avg +0.562%
Together, before fees−1.184%−$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.689% dearer against Bybit than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of +0.562%. Mind the row above: over the last 7 days funding on this pair cost −0.416%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BLUAIUSDT0.011350.0293pay 0.0146% / 4h3h 36m$1.5M$239K13x
ShortKuCoin BLUAIUSDTM0.011490.0422get 0.0211% / 4h3h 36m$1.5M$23K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$27.14
Price spread: +1.251% → +0.562%
$68.9
Slippage, 4 orders
−$1,746.98
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,673.93
Costs to cover
17.700%
Break-even
438.7 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 9 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 Bybit live order book, 4 min ago3.97 bp194.7 bp −$195doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago56.60 bp740.6 bp −$741doesn't fitdoesn't fitdoesn't fit

BLUAI 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
Gate BLUAI_USDT+0.0100%4h0.01139+0.388%$460K$72K10xas long as short
SunX BLUAI-USDT+0.0100%4h0.01137+0.159%$2K$972K20xas long as short
Bybit BLUAIUSDTlong+0.0293%4h0.01135long leg$1.5M$239K13x
KuCoin BLUAIUSDTMshort+0.0422%4h0.01149+1.251%$1.5M$23K10x
BingX BLUAI-USDT+0.1204%4h0.01136+0.088%$6.5Mas long as short
BloFin BLUAI-USDT+0.1231%4h0.01136+0.070%$386K$11K10xas long as short
MEXC BLUAI_USDT+0.1268%4h0.01136+0.062%$5.8M$112K50xas long as short
Binance BLUAIUSDT+0.1270%4h0.01136+0.070%$5.9M$1.0M10xas long as short
Aster BLUAIUSDT+0.1273%4h0.01133−0.146%$31K$13K5xas long as short