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: MEXC against KuCoin0.000%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$718as in the Funding arb table
Net, price: spread back to 7d avg − costs−$734as in the Price arb table
costs, in and out, $10k−$7397.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$21 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now 0.000%, 7d avg −0.053%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.053% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin C98USDTM0.016480.0100pay 0.0100% / 8h5h 28m$198K$33K20x
ShortMEXC C98_USDT0.016480.0100get 0.0100% / 8h5h 28m$279K$101K100x

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
$0
Price spread: 0.000% → −0.053%
$5.33
Slippage, 4 orders
−$723.17
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$733.84
Costs to cover
7.392%
Break-even
never at this rate
Slippage from KuCoin: live order book, 73 min ago; MEXC: live order book, 7 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, 73 min ago33.57 bp342.5 bp −$342doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 7 min ago3.03 bp7.9 bp −$866.4 bp −$664289.9 bp −$29.0K609.3 bp −$304.6K

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%8h0.01648−0.001%$1.4M$1.9M50xas long as short
Bybit C98USDT+0.0100%8h0.01647−0.036%$871K$234K25xas long as short
Gate C98_USDT+0.0100%8h0.01647−0.061%$105K$47K25xas long as short
MEXC C98_USDTshort+0.0100%8h0.016480.000%$279K$101K100x
KuCoin C98USDTMlong+0.0100%8h0.01648long leg$198K$33K20x
Bitget C98USDT+0.0100%8h0.01647−0.061%$184K$324K50xas long as short
Variational Omni C98+0.0100%8h0.01646−0.114%$8K$1as long as short
BloFin C98-USDT+0.0105%8h0.016480.000%$137K$9K50xas long as short
Kraken Futures PF_C98USD+0.1455%1h0.01652+0.252%$16K$4K10xas long as short