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

BTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0790%/8h= +86.5% APRnext payment +$3.95 per $10,000 · paid last 24h +0.231%
Price spread now: MEXC against KuCoin+0.099%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$729as in the Price arb table
costs, in and out, $10k−$7247.236% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.614%+$61 on $10k
Price spread, last 7 days+0.083%+$8 · spread now +0.099%, 7d avg +0.152%
Together, before fees+0.698%+$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.099% now, against its 7-day average of +0.152%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.614% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BTRUSDTM0.050340.0100pay 0.0050% / 4h39m 23s$1.4M$170K10x
ShortMEXC BTR_USDT0.050390.0890get 0.0445% / 4h39m 23s$1.5M$153K20x

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
$165.9
Price spread: +0.099% → +0.152%
−$5.24
Slippage, 4 orders
−$711.63
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$562.97
Costs to cover
7.236%
Break-even
30.8 days
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago22.80 bp558.8 bp −$559doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.98 bp11.8 bp −$1271.3 bp −$713177.2 bp −$17.7Kdoesn't fit

BTR on 8 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
Bybit BTRUSDT+0.0100%4h0.05042+0.159%$3.2M$1.0M25xas long as short
KuCoin BTRUSDTMlong+0.0100%4h0.05034long leg$1.4M$170K10x
HTX BTR-USDT+0.0100%4h0.05057+0.457%$11K$314K10xas long as short
Gate BTR_USDT+0.0300%8h0.05038+0.079%$731K$288K20xas long as short
Aster BTRUSDT+0.0535%4h0.05040+0.128%$90K$11K5xas long as short
BingX BTR-USDT+0.0828%4h0.05037+0.060%$6.6Mas long as short
Binance BTRUSDT+0.0887%4h0.05041+0.145%$5.4M$4.0M10xas long as short
MEXC BTR_USDTshort+0.0890%4h0.05039+0.099%$1.5M$153K20x