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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BingX+0.306%7-day average +0.233% · you sell dearer than you buy
Net, funding: paid 7d − costs−$432as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4304.301% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 7 days+0.086%+$9 · spread now +0.306%, 7d avg +0.233%
Together, before fees+0.064%+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.073% dearer against BingX than usual: you sell high and buy low (spread +0.306% now, against its 7-day average of +0.233%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.022% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.019630.0200pay 0.0100% / 4h2h 51m$6.7M
ShortKuCoin DEEPUSDTM0.019690.0100get 0.0050% / 4h2h 51m$1.8M$93K20x

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
−$21
Price spread: +0.306% → +0.233%
$7.3
Slippage, 4 orders
−$408.09
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$443.79
Costs to cover
4.301%
Break-even
never at this rate
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 5 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, 16 min ago10.11 bp30.5 bp −$3087.6 bp −$876618.8 bp −$61.9K1078.6 bp −$539.3K
Sell KuCoin live order book, 5 min ago17.69 bp183.0 bp −$183doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
BloFin DEEP-USDT+0.0091%8h0.01959−0.204%$137K$34K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01966+0.141%$2.0M$6.0M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01958−0.255%$4.2M$2.6M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01960−0.153%$302K$96K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01965+0.102%$1.0M$544K100xas long as short
KuCoin DEEPUSDTMshort+0.0100%4h0.01969+0.306%$1.8M$93K20x
Bitget DEEPUSDT+0.0100%4h0.01965+0.102%$834K$600K50xas long as short
Variational Omni DEEP+0.0100%8h0.01970+0.382%$11K$6Kas long as short
Bluefin DEEP-PERP+0.0100%1h0.01966+0.153%$80K$15K20xas long as short
Extended DEEP-USD+0.0104%1h0.01965+0.092%$5K$221K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDTlong+0.0200%4h0.01963long leg$6.7M
Kraken Futures PF_DEEPUSD+1.2390%1h0.01963−0.005%$8K$7K10xas long as short