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

FRAX

all FRAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.034%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate FRAX_USDT0.29030.0100pay 0.0050% / 4h33m 33s$44K$16K20x
ShortKuCoin FRAXUSDTM0.29020.0100get 0.0050% / 4h33m 33s$96K$156K50x

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
$0
Price spread: −0.034% → 0.000%
−$3.44
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$30.44
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 41 min ago. Net counts fees only.

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 no order-book sample
Sell KuCoin live order book, 41 min ago39.44 bp429.6 bp −$430952.6 bp −$9,526doesn't fitdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

FRAX on 7 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 FRAXUSDT+0.0100%4h0.2902−0.045%$20K$10K5xas long as short
Binance FRAXUSDT+0.0100%4h0.2898−0.172%$1.5M$935K50xas long as short
Gate FRAX_USDTlong+0.0100%4h0.2903long leg$44K$16K20x
MEXC FRAX_USDT+0.0100%4h0.2897−0.207%$201K$109K50xas long as short
KuCoin FRAXUSDTMshort+0.0100%4h0.2902−0.034%$96K$156K50x
Bitget FRAXUSDT+0.0100%4h0.2898−0.169%$146K$40K50xas long as short
BingX FRAX-USDT+0.0100%4h0.2899−0.138%$1.2Mas long as short