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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.069%
Price spread now: KuCoin against Binance−0.018%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.565%+$56 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.018%, 7d avg +0.038%
Together, before fees+0.577%+$58 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: KuCoin is 0.057% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FUSDT0.0037350.0100pay 0.0050% / 4h4m 32s$4.0M$7.2M50x
ShortKuCoin FUSDTM0.0037340.0100get 0.0050% / 4h4m 32s$783K$1.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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: −0.018% → +0.038%
−$5.68
Slippage, 4 orders
−$120.23
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$147.9
Costs to cover
1.422%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 6 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 Binance live order book, 4 min ago1.34 bp15.9 bp −$1653.2 bp −$532doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.68 bp50.2 bp −$50doesn't fitdoesn't fitdoesn't fit

F on 10 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
Aster FUSDT+0.0100%4h0.0037350.000%$15K$24K5xas long as short
Binance FUSDTlong+0.0100%4h0.003735long leg$4.0M$7.2M50x
Bybit FUSDT+0.0100%4h0.003735+0.008%$2.4M$2.4M25xas long as short
OKX F-USDT-SWAP+0.0100%4h0.003734−0.018%$753K$2.2M20xas long as short
Gate F_USDT+0.0100%8h0.003736+0.035%$213K$1.4M25xas long as short
MEXC F_USDT+0.0100%4h0.003733−0.045%$639K$180K50xas long as short
KuCoin FUSDTMshort+0.0100%4h0.003734−0.018%$783K$1.2M30x
Bitget FUSDT+0.0100%4h0.003734−0.018%$489K$948K50xas long as short
BingX F-USDT+0.0100%4h0.003736+0.035%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003725−0.260%$710$386as long as short