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

FORM

all FORM 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: KuCoin against Binance−0.297%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$416as in the Funding arb table
Net, price: spread back to 7d avg − costs−$441as in the Price arb table
costs, in and out, $10k−$4164.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.283%+$28 · spread now −0.297%, 7d avg −0.047%
Together, before fees+0.284%+$28 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 0.250% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FORMUSDT0.31330.0100pay 0.0050% / 4h2h 21m$15.2M$172.7M50x
ShortKuCoin FORMUSDTM0.31240.0100get 0.0050% / 4h2h 21m$182K$1.6M30x

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: −0.297% → −0.047%
−$25.02
Slippage, 4 orders
−$394.35
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$441.37
Costs to cover
4.164%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: 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 Binance live order book, 7 min ago1.62 bp25.1 bp −$25100.2 bp −$1,002704.6 bp −$70.5Kdoesn't fit
Sell KuCoin live order book, 4 min ago24.22 bp174.3 bp −$174496.8 bp −$4,968doesn't fitdoesn't fit

FORM 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
gTrade (Gains Network) FORM/USDL −0.0007% / S +0.0008%1h0.3123−0.323%as long as short
Aster FORMUSDT+0.0100%4h0.3130−0.115%$39K$1.1M5xas long as short
Binance FORMUSDTlong+0.0100%4h0.3133long leg$15.2M$172.7M50x
Bybit FORMUSDT+0.0100%4h0.3133−0.010%$1.8M$14.6M20xas long as short
MEXC FORM_USDT+0.0100%4h0.3131−0.074%$1.2M$9.8M100xas long as short
KuCoin FORMUSDTMshort+0.0100%4h0.3124−0.297%$182K$1.6M30x
Bitget FORMUSDT+0.0100%4h0.3131−0.074%$968K$10.5M50xas long as short
BingX FORM-USDT+0.0100%4h0.3127−0.202%$3.9Mas long as short
Gate FORM_USDT+0.0102%4h0.3128−0.170%$701K$5.4M50xas long as short
BloFin FORM-USDT+0.0116%4h0.3108−0.808%$874K$404K50xas long as short