Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.001%

Price spread now: KuCoin against Paradex+0.072%47s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.072% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CC-USD-PERP	0.1175	0.0092	pay 0.0092% / 8h	4h 51m	$1K	—	5x
Short	KuCoin CCUSDTM	0.1176	0.0100	get 0.0050% / 4h	51m 56s	$487K	$65K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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

Position, each leg$Hold fordaysFee ParadexbpFee KuCoinbpOrdersPrice spread, now +0.072%Rate

Funding earned: $1.7
Price spread: +0.072% → 0.000%: $7.2
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$7.09
Costs to cover: 0.160%
Break-even: 36.1 days

Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 43 min ago	21.22 bp	138.5 bp −$138	doesn't fit	doesn't fit	doesn't fit

Paradex: 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.

CC on 19 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective CC/USDC PERP	+0.0033%	1h	0.1180	+0.412%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERPlong	+0.0092%	8h	0.1175	long leg	$1K	—	5x
Hyperliquid CC	+0.0100%	1h	0.1176	+0.074%	$5.6M	$1.2M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1176	+0.090%	$35K	$20K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1174	−0.107%	$11.0M	$10.4M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1174	−0.064%	$11.0M	$3.2M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1175	−0.022%	$2.5M	$2.4M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1176	+0.072%	$361K	$124K	50x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1174	−0.115%	$1.8M	$367K	100x	as long as short
KuCoin CCUSDTMshort	+0.0100%	4h	0.1176	+0.072%	$487K	$65K	50x

Show all 19 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1176	+0.081%	$897K	$582K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1174	−0.098%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1174	−0.090%	$15K	$17K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1176	+0.075%	$599K	$24K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1177	+0.150%	$81K	$3.5M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1174	−0.109%	$6K	$20K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1176	+0.064%	$604K	$79K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0448% / S −0.0241%	1h	0.1175	+0.011%	$44K	—	50x	as long as short
Lighter CC	+0.1088%	1h	0.1180	+0.387%	$258K	$156K	5x	as long as short