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

CHEEMS

all CHEEMS markets
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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 −0.001%
Price spread now: Binance against KuCoin+0.198%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,087as in the Price arb table
costs, in and out, $10k−$1,09710.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.198%, 7d avg +0.097%
Together, before fees−0.131%−$13 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: Binance is 0.100% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 1000CHEEMSUSDTM0.00000055630.0100pay 0.0050% / 4h1h 40m$55K$202K20x
ShortBinance 1000CHEEMSUSDT0.00000055740.0100get 0.0050% / 4h1h 40m$1.5M$999K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: +0.198% → +0.097%
$10.04
Slippage, 4 orders
−$1,075.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,087.17
Costs to cover
10.972%
Break-even
never at this rate
Slippage from KuCoin: live order book, 49 min ago; Binance: live order book, 8 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, 49 min ago63.22 bp396.5 bp −$396doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago6.28 bp43.8 bp −$44296.8 bp −$2,968doesn'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%4h0.0000005571+0.135%$252K$11K5xas long as short
Binance 1000CHEEMSUSDTshort+0.0100%4h0.0000005574+0.198%$1.5M$999K25x
Gate CHEEMS_USDT+0.0100%4h0.0000005566+0.054%$102K$49K20xas long as short
MEXC CHEEMS_USDT+0.0100%4h0.0000005571+0.144%$68K$75K50xas long as short
KuCoin 1000CHEEMSUSDTMlong+0.0100%4h0.0000005563long leg$55K$202K20x
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005572+0.162%$77K$85K25xas long as short
BingX 1000CHEEMS-USDT+0.0100%4h0.0000005566+0.054%$1.2Mas long as short