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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0920%/8h= +100.7% APRnext payment +$4.60 per $10,000 · paid last 24h +0.131%
Price spread now: Orderly against KuCoin+0.130%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Orderly is 0.130% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CAPUSDTM0.04555−0.0820get 0.0410% / 4h3h 40m$4.3M$1.4M10x
ShortOrderly PERP_CAP_USDC_mythos0.045610.0100get 0.0050% / 4h3h 40m$5K$58210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$193.2
Price spread: +0.130% → 0.000%
$12.95
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
$188.15
Costs to cover
0.180%
Break-even
0.2 days
Slippage unknown: KuCoin: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.

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, 7 min ago2.21 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAP on 14 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
KuCoin CAPUSDTMlong−0.0820%4h0.04555long leg$4.3M$1.4M10x
OKX CAP-USDT-SWAP−0.0598%4h0.04559+0.088%$2.2M$7.0M10xas long as short
Bybit CAPUSDT−0.0347%4h0.04561+0.132%$4.5M$4.1M10xas long as short
Variational Omni CAP−0.0194%4h0.04551−0.081%$8K$8Kas long as short
Bitget CAPUSDT−0.0070%4h0.04560+0.110%$1.0M$555K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04566+0.241%$495150xas long as short
BingX CAP-USDT+0.0090%4h0.04560+0.110%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04558+0.075%$19K$3K3xas long as short
Aster CAPUSDT+0.0100%4h0.04563+0.169%$27K$71K5xas long as short
Binance CAPUSDT+0.0100%4h0.04561+0.132%$9.0M$8.7M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CAP_USDT+0.0100%4h0.04565+0.220%$331K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04564+0.198%$523K$228K20xas long as short
Orderly PERP_CAP_USDC_mythosshort+0.0100%4h0.04561+0.130%$5K$58210x
BloFin CAP-USDT+0.0117%4h0.04558+0.066%$376K$59K10xas long as short