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+0.0392%/8h= +42.9% APRnext payment +$3.92 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against KuCoin+0.041%7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ETHBTCUSDTM0.032100.0100pay 0.0100% / 8h7h 36m$6K$2620x
ShortBloFin ETHBTC-USDT0.032110.0492get 0.0492% / 8h7h 36m$97K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$82.34
Price spread: +0.041% → 0.000%
$4.05
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$62.39
Costs to cover
0.240%
Break-even
1.7 days
Slippage unknown: KuCoin: no order-book sample; BloFin: 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 no order-book sample
Sell BloFin no order-book sample
KuCoin and BloFin: 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 ETHBTCUSDTMlong+0.0100%8h0.03210long leg$6K$2620x
Bybit ETHBTCUSDT+0.0226%8h0.03211+0.041%$4.0M$1.5M25xas long as short
BloFin ETHBTC-USDTshort+0.0492%8h0.03211+0.041%$97K25x