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

FORM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.055%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4534.528% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.055%, 7d avg +0.036%
Together, before fees+0.208%+$21 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: Bitget is 0.092% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FORMUSDTM0.36250.0100pay 0.0050% / 4h1h 43m$376K$825K30x
ShortBitget FORMUSDT0.36230.0100get 0.0050% / 4h1h 43m$1.1M$7.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.055% → +0.036%
−$9.15
Slippage, 4 orders
−$428.83
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$461.98
Costs to cover
4.528%
Break-even
never at this rate
Slippage from KuCoin: live order book, 30 min ago; Bitget: 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, 30 min ago24.71 bp175.2 bp −$175doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.55 bp34.7 bp −$35121.0 bp −$1,210doesn'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%1h0.3620−0.148%as long as short
BingX FORM-USDT+0.0070%4h0.3624−0.028%$3.5Mas long as short
Aster FORMUSDT+0.0100%4h0.3621−0.103%$45K$629K5xas long as short
Binance FORMUSDT+0.0100%4h0.3626+0.028%$19.3M$133.7M50xas long as short
Gate FORM_USDT+0.0100%4h0.3622−0.083%$831K$4.1M50xas long as short
MEXC FORM_USDT+0.0100%4h0.36250.000%$1.7M$8.2M100xas long as short
KuCoin FORMUSDTMlong+0.0100%4h0.3625long leg$376K$825K30x
Bitget FORMUSDTshort+0.0100%4h0.3623−0.055%$1.1M$7.7M50x
BloFin FORM-USDT+0.0112%4h0.3612−0.359%$1.0M$357K50xas long as short
Bybit FORMUSDT+0.0497%4h0.3631+0.177%$2.4M$11.4M20xas long as short