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

ETHBTC

all ETHBTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0238%/8h= −26.1% APRnext payment $2.38 per $10,000 · paid last 24h −0.037%
Price spread now: KuCoin against BloFin−0.156%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.156% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ETHBTC-USDT0.032050.0338pay 0.0338% / 8h2h 13m$67K25x
ShortKuCoin ETHBTCUSDTM0.032000.0100get 0.0100% / 8h2h 13m$6K$1320x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$50.01
Price spread: −0.156% → 0.000%
−$15.6
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$89.61
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: 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 BloFin no order-book sample
Sell KuCoin no order-book sample
BloFin and KuCoin: 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.

ETHBTC on 3 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
KuCoin ETHBTCUSDTMshort+0.0100%8h0.03200−0.156%$6K$1320x
Bybit ETHBTCUSDT+0.0218%8h0.03203−0.062%$4.0M$1.4M25xas long as short
BloFin ETHBTC-USDTlong+0.0338%8h0.03205long leg$67K25x