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

F

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: KuCoin against Bybit0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1681.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 7 days+0.089%+$9 · spread now 0.000%, 7d avg −0.002%
Together, before fees+0.179%+$18 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit FUSDT0.0037230.0100pay 0.0050% / 4h3h 38m$2.4M$2.4M25x
ShortKuCoin FUSDTM0.0037230.0100get 0.0050% / 4h3h 38m$778K$1.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: 0.000% → −0.002%
$0.19
Slippage, 4 orders
−$145.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$167.86
Costs to cover
1.680%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago5.37 bp25.9 bp −$26161.1 bp −$1,611doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.35 bp67.7 bp −$68doesn'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%4h0.003723−0.004%$15K$25K5xas long as short
Binance FUSDT+0.0100%4h0.0037230.000%$4.0M$7.1M50xas long as short
Bybit FUSDTlong+0.0100%4h0.003723long leg$2.4M$2.4M25x
OKX F-USDT-SWAP+0.0100%4h0.003721−0.054%$750K$2.1M20xas long as short
Gate F_USDT+0.0100%8h0.003726+0.081%$206K$1.4M25xas long as short
MEXC F_USDT+0.0100%4h0.003724+0.027%$653K$178K50xas long as short
KuCoin FUSDTMshort+0.0100%4h0.0037230.000%$778K$1.2M30x
Bitget FUSDT+0.0100%4h0.003722−0.027%$486K$934K50xas long as short
BingX F-USDT+0.0100%4h0.003725+0.054%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003726+0.092%$710$386as long as short