Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2072 | +0.0100 | pay 0.0013% / 1h | 4m 45s | $23K | $69K | 20x | Long Bullet | |
| SHORT | 0.2068 | +0.0088 | get 0.0044% / 4h | 4m 45s | $24.4M | $15.9M | 75x | Short KuCoin |
Price gap−0.211%
Funding gap−0.0012% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.211% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$33−0.0012% /8h now · paid +0.334% over the last 7D
Price—spread −0.211% now · no price history on both exchanges yet
Costsno datano order book for Bullet
Result, before costs—+ Points / potential airdropBullet: points · farm boardneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.211%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hENA on 45 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Bullet: its slippage is not counted.
- Note: Margin at max leverage$500 + $133Bullet 20x, KuCoin 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.36Long Bullet: 24 payments, −$3.00; short KuCoin: 6 payments, +$2.64.
- Note: No 7-day spread history−0.211%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$23K vs $24.4M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legBullet pointsVolume here counts toward the points program.
- Watch: KYCBullet No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0159%/8h × 21 periods+$33.42
Price spread−0.211% → 0−$21.11
Slippage, 4 ordersno data for Bullet—
Fee Bullet bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$0.31
Costs to cover0.120%Break-even6.9 days
Slippage: Bullet: no order-book sample; KuCoin: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet—————
SELL · SHORTKuCoin2.418.8 bp−$929.0 bp−$290181.8 bp−$18.2Kdoesn’t fit
Closing costs about the same again.
Bullet: no data.
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