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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0226%/8h= +24.7% APRnext payment +$1.13 per $10,000 · paid last 24h +0.039%
Price spread now: Aster against KuCoin+0.209%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1701.696% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.320%+$32 on $10k
Price spread, last 7 days−0.476%−$48 · spread now +0.209%, 7d avg −0.009%
Together, before fees−0.156%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.218% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.009%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRUSDTM1.09560.0158pay 0.0079% / 4h7m 10s$4.6M$5.4M30x
ShortAster BRUSDT1.09790.0384get 0.0192% / 4h7m 10s$681K$2.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$47.4
Price spread: +0.209% → −0.009%
$21.8
Slippage, 4 orders
−$149.62
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$100.43
Costs to cover
1.696%
Break-even
21.8 days
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 1 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, 1 min ago3.78 bp51.5 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago6.92 bp17.2 bp −$17258.4 bp −$2,584doesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.0961+0.046%$6.3Mas long as short
Bybit BRUSDT+0.0100%4h1.0960+0.037%$10.6M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.0974+0.162%$7.4M$8.8M20xas long as short
Variational Omni BR+0.0100%4h1.1043+0.795%$263K$292Kas long as short
SunX BR-USDT+0.0100%4h1.0968+0.106%$709K10xas long as short
HTX BR-USDT+0.0100%4h1.0999+0.392%$83K$244K20xas long as short
KuCoin BRUSDTMlong+0.0158%4h1.0956long leg$4.6M$5.4M30x
Aster BRUSDTshort+0.0384%4h1.0979+0.209%$681K$2.9M5x
Bitget BRUSDT+0.0404%4h1.0963+0.059%$7.9M$12.5M10xas long as short
MEXC BR_USDT+0.1228%4h1.0958+0.020%$15.1M$7.6M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1230%4h1.0973+0.150%$52.5M$161.8M25xas long as short