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

C98

all C98 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget0.000%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$819as in the Funding arb table
Net, price: spread back to 7d avg − costs−$796as in the Price arb table
costs, in and out, $10k−$7947.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg +0.017%
Together, before fees−0.277%−$28 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget C98USDT0.016430.0100pay 0.0100% / 8h6h 21m$189K$328K50x
ShortKuCoin C98USDTM0.016430.0100get 0.0100% / 8h6h 21m$199K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: 0.000% → +0.017%
−$1.66
Slippage, 4 orders
−$770.25
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$795.9
Costs to cover
7.942%
Break-even
never at this rate
Slippage from Bitget: live order book, 25 min ago; KuCoin: live order book, 21 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 Bitget live order book, 25 min ago9.17 bp37.9 bp −$38291.0 bp −$2,910doesn't fitdoesn't fit
Sell KuCoin live order book, 21 min ago33.57 bp378.4 bp −$378doesn't fitdoesn't fitdoesn't fit

C98 on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance C98USDT+0.0100%8h0.01644+0.064%$1.4M$1.9M50xas long as short
Bybit C98USDT+0.0100%8h0.016430.000%$869K$245K25xas long as short
Gate C98_USDT+0.0100%8h0.016430.000%$106K$47K25xas long as short
MEXC C98_USDT+0.0100%8h0.01644+0.061%$276K$104K100xas long as short
KuCoin C98USDTMshort+0.0100%8h0.016430.000%$199K$36K20x
Bitget C98USDTlong+0.0100%8h0.01643long leg$189K$328K50x
Variational Omni C98+0.0100%8h0.01644+0.040%$8K$1as long as short
BloFin C98-USDT+0.0102%8h0.016430.000%$133K$9K50xas long as short
Kraken Futures PF_C98USD+0.2839%1h0.01649+0.354%$16K$4K10xas long as short