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

CHEEMS

all CHEEMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Aster−0.066%7-day average −0.151% · you buy dearer than you sell
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)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.066%, 7d avg −0.151%
Together, before fees+0.070%+ Points / potential airdropAster: Stage 5 · farm board+$7 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: KuCoin is 0.086% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.151%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster 1000CHEEMSUSDT0.00000056220.0100pay 0.0050% / 4h1h 43m$255K$11K5x
ShortKuCoin 1000CHEEMSUSDTM0.00000056180.0100get 0.0050% / 4h1h 43m$64K$177K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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: −0.066% → −0.151%
$8.56
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.44
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 38 min ago; KuCoin: live order book, 20 min ago. 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 Aster live order book, 38 min ago30.93 bp8080.4 bp −$8,08012923.2 bp −$129.2K15500.2 bp −$1.55Mdoesn't fit
Sell KuCoin live order book, 20 min ago384.04 bp616.0 bp −$616doesn't fitdoesn't fitdoesn't fit

CHEEMS on 7 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
Aster 1000CHEEMSUSDTlong+0.0100%4h0.0000005622long leg$255K$11K5x
Binance 1000CHEEMSUSDT+0.0100%4h0.0000005619−0.057%$1.5M$916K25xas long as short
Gate CHEEMS_USDT+0.0100%4h0.0000005605−0.297%$103K$42K20xas long as short
MEXC CHEEMS_USDT+0.0100%4h0.0000005620−0.030%$69K$77K50xas long as short
KuCoin 1000CHEEMSUSDTMshort+0.0100%4h0.0000005618−0.066%$64K$177K20x
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005618−0.066%$73K$99K25xas long as short
BingX 1000CHEEMS-USDT+0.0100%4h0.0000005607−0.261%$1.2Mas long as short