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

CHEEMS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.495%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$834as in the Funding arb table
Net, price: spread back to 7d avg − costs−$885as in the Price arb table
costs, in and out, $10k−$8438.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 4 days (all we have)+0.577%+$58 · spread now −0.495%, 7d avg −0.073%
Together, before fees+0.668%+$67 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 0.422% cheaper against BingX than usual: you would sell low and buy high, −$42 on $10k if it goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 1000CHEEMS-USDT0.00000056510.0100pay 0.0050% / 4h3h 39m$1.2M
ShortKuCoin 1000CHEEMSUSDTM0.00000056230.0100get 0.0050% / 4h3h 39m$71K$189K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: −0.495% → −0.073%
−$42.23
Slippage, 4 orders
−$820.66
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$884.9
Costs to cover
8.427%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 4 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 BingX live order book, 10 min ago6.21 bp32.0 bp −$32338.7 bp −$3,387645.2 bp −$64.5K775.5 bp −$387.8K
Sell KuCoin live order book, 4 min ago24.98 bp536.3 bp −$536doesn'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 1000CHEEMSUSDT+0.0100%4h0.0000005648−0.062%$256K$11K5xas long as short
Binance 1000CHEEMSUSDT+0.0100%4h0.0000005649−0.035%$1.5M$978K25xas long as short
Gate CHEEMS_USDT+0.0100%4h0.0000005640−0.195%$104K$45K20xas long as short
MEXC CHEEMS_USDT+0.0100%4h0.00000056510.000%$69K$78K50xas long as short
KuCoin 1000CHEEMSUSDTMshort+0.0100%4h0.0000005623−0.495%$71K$189K20x
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005649−0.035%$76K$100K25xas long as short
BingX 1000CHEEMS-USDTlong+0.0100%4h0.0000005651long leg$1.2M