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

FORM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.093%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$459as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4614.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.128%−$13 · spread now −0.093%, 7d avg −0.089%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FORM_USDT0.32140.0100pay 0.0050% / 4h29m 22s$711K$5.0M50x
ShortKuCoin FORMUSDTM0.32110.0140get 0.0070% / 4h29m 22s$233K$1.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$8.4
Price spread: −0.093% → −0.089%
−$0.4
Slippage, 4 orders
−$434.2
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$453.21
Costs to cover
4.612%
Break-even
384.7 days
Slippage from Gate: 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 Gate live order book, 4 min ago10.77 bp35.3 bp −$35181.5 bp −$1,815doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago10.80 bp182.5 bp −$183doesn't fitdoesn'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%1h0.3212−0.072%as long as short
BloFin FORM-USDT+0.0086%4h0.3258+1.369%$969K$385K50xas long as short
Aster FORMUSDT+0.0100%4h0.3219+0.169%$44K$982K5xas long as short
Binance FORMUSDT+0.0100%4h0.3215+0.038%$16.7M$163.8M50xas long as short
Gate FORM_USDTlong+0.0100%4h0.3214long leg$711K$5.0M50x
MEXC FORM_USDT+0.0100%4h0.3216+0.062%$1.5M$9.4M100xas long as short
Bitget FORMUSDT+0.0100%4h0.3212−0.062%$1.1M$9.9M50xas long as short
KuCoin FORMUSDTMshort+0.0140%4h0.3211−0.093%$233K$1.5M30x
Bybit FORMUSDT+0.0161%4h0.3216+0.062%$2.1M$13.7M20xas long as short
BingX FORM-USDT+0.0208%4h0.3216+0.062%$3.8Mas long as short