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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h −0.466%
Price spread now: Bluefin against KuCoin−0.504%7-day average · 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 7 days−3.763%−$376 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bluefin is 0.504% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.504% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$50 on $10k: about 2 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −3.763%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019840.0100pay 0.0050% / 4h2h 23m$1.8M$92K20x
ShortBluefin DEEP-PERP0.019740.0125get 0.0016% / 1h23m 09s$80K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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
$5.3
Price spread: −0.504% → 0.000%
−$50.4
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$64.11
Costs to cover
0.190%
Break-even
91.7 days
Slippage unknown: KuCoin: live order book, 3 min ago; Bluefin: no order-book sample. 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 KuCoin live order book, 3 min ago15.12 bp555.8 bp −$556doesn't fitdoesn't fitdoesn't fit
Sell Bluefin no order-book sample
Bluefin: 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.

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
Binance DEEPUSDT+0.0100%4h0.01980−0.202%$2.1M$6.0M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01974−0.504%$4.2M$2.6M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01977−0.353%$305K$97K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01979−0.252%$1.0M$546K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01984long leg$1.8M$92K20x
Bitget DEEPUSDT+0.0100%4h0.01978−0.302%$839K$596K50xas long as short
Variational Omni DEEP+0.0100%8h0.01973−0.558%$11K$6Kas long as short
Extended DEEP-USD+0.0104%1h0.01980−0.188%$5K$221K5xas long as short
BloFin DEEP-USDT+0.0107%8h0.01974−0.504%$137K$34K50xas long as short
Bluefin DEEP-PERPshort+0.0125%1h0.01974−0.504%$80K$15K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.01978−0.302%$6.6Mas long as short
Kraken Futures PF_DEEPUSD+1.2272%1h0.01982−0.117%$8K$7K10xas long as short