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

FLUID

all FLUID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.284%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$752as in the Funding arb table
Net, price: spread back to 7d avg − costs−$789as in the Price arb table
costs, in and out, $10k−$7777.771% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.247%+$25 on $10k
Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.284%, 7d avg −0.168%
Together, before fees+0.451%+$45 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: BingX is 0.116% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.168%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FLUIDUSDTM1.40700.0100pay 0.0050% / 4h2h 37m$203K$157K50x
ShortBingX FLUID-USDT1.40300.0100get 0.0050% / 4h2h 37m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.284% → −0.168%
−$11.61
Slippage, 4 orders
−$755.09
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$788.7
Costs to cover
7.771%
Break-even
never at this rate
Slippage from KuCoin: live order book, 19 min ago; BingX: 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 KuCoin live order book, 19 min ago21.25 bp462.5 bp −$463doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago7.10 bp34.4 bp −$3496.6 bp −$966820.8 bp −$82.1K1300.9 bp −$650.5K

FLUID on 9 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
BloFin FLUID-USDT+0.0099%4h1.4020−0.355%$69K$3K75xas long as short
Binance FLUIDUSDT+0.0100%4h1.4065−0.039%$1.1M$1.5M75xas long as short
Bybit FLUIDUSDT+0.0100%4h1.4014−0.398%$1.4M$435K25xas long as short
Gate FLUID_USDT+0.0100%4h1.4030−0.284%$94K$66K20xas long as short
MEXC FLUID_USDT+0.0100%4h1.4050−0.142%$1.1M$112K100xas long as short
KuCoin FLUIDUSDTMlong+0.0100%4h1.4070long leg$203K$157K50x
Bitget FLUIDUSDT+0.0100%4h1.4090+0.142%$248K$179K75xas long as short
BingX FLUID-USDTshort+0.0100%4h1.4030−0.284%$2.3M
Variational Omni FLUID+0.0100%4h1.4068−0.013%$19K$9Kas long as short