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

ESP

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.083%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1911.910% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.292%−$29 on $10k
Price spread, last 7 days−0.043%−$4 · spread now −0.083%, 7d avg −0.128%
Together, before fees−0.335%−$34 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 0.045% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.128%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.094250.0100pay 0.0050% / 4h3h 11m$1.5M$44K25x
ShortBinance ESPUSDT0.094170.0100get 0.0050% / 4h3h 11m$2.4M$4.1M25x

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: −0.083% → −0.128%
$4.49
Slippage, 4 orders
−$168.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$186.47
Costs to cover
1.910%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 10 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, 4 min ago13.78 bp66.7 bp −$67770.9 bp −$7,709doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.53 bp20.7 bp −$2167.0 bp −$670doesn't fitdoesn't fit

ESP on 11 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
BingX ESP-USDT+0.0036%4h0.09424−0.011%$1.7Mas long as short
BloFin ESP-USDT+0.0092%4h0.09427+0.021%$124K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09417−0.081%$6K$18K5xas long as short
Binance ESPUSDTshort+0.0100%4h0.09417−0.083%$2.4M$4.1M25x
OKX ESP-USDT-SWAP+0.0100%4h0.09429+0.042%$597K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09423−0.021%$184K$607K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09416−0.095%$1.3M$125K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09425long leg$1.5M$44K25x
Bitget ESPUSDT+0.0100%4h0.09434+0.095%$948K$132K20xas long as short
edgeX ESPUSDC+0.0110%4h0.09420−0.056%$29K$268K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPUSDT+0.0536%4h0.09405−0.212%$1.1M$612K50xas long as short