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

F

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.165%
Price spread now: Gate against KuCoin+0.080%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1561.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.541%−$54 on $10k
Price spread, last 7 days+0.039%+$4 · spread now +0.080%, 7d avg −0.021%
Together, before fees−0.502%−$50 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: Gate is 0.101% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FUSDTM0.0037270.0100pay 0.0050% / 4h8m 20s$781K$1.2M30x
ShortGate F_USDT0.0037300.0100get 0.0100% / 8h8m 20s$213K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.080% → −0.021%
$10.15
Slippage, 4 orders
−$129.19
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$146.05
Costs to cover
1.562%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 4 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, 2 min ago2.68 bp57.5 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.68 bp26.0 bp −$26248.0 bp −$2,480doesn'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%4h0.003726−0.015%$15K$24K5xas long as short
Binance FUSDT+0.0100%4h0.003726−0.027%$4.0M$7.2M50xas long as short
Bybit FUSDT+0.0100%4h0.0037270.000%$2.4M$2.4M25xas long as short
OKX F-USDT-SWAP+0.0100%4h0.003724−0.080%$751K$2.2M20xas long as short
Gate F_USDTshort+0.0100%8h0.003730+0.080%$213K$1.4M25x
MEXC F_USDT+0.0100%4h0.003725−0.054%$638K$180K50xas long as short
KuCoin FUSDTMlong+0.0100%4h0.003727long leg$781K$1.2M30x
Bitget FUSDT+0.0100%4h0.0037270.000%$488K$949K50xas long as short
BingX F-USDT+0.0100%4h0.003726−0.027%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003722−0.122%$710$386as long as short