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

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.23 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.146%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$413as in the Price arb table
costs, in and out, $10k−$4064.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 7 days+0.176%+$18 · spread now −0.146%, 7d avg −0.084%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.084%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GENIUS-USDT0.36400.0146pay 0.0073% / 4h2h 49m$1.7M
ShortKuCoin GENIUSUSDTM0.36350.0100get 0.0050% / 4h2h 49m$554K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
−$9.66
Price spread: −0.146% → −0.084%
−$6.13
Slippage, 4 orders
−$384.4
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$422.19
Costs to cover
4.064%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 2 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 BingX live order book, 12 min ago6.84 bp33.5 bp −$3492.7 bp −$927510.4 bp −$51.0Kdoesn't fit
Sell KuCoin live order book, 2 min ago14.32 bp138.1 bp −$138doesn't fitdoesn't fitdoesn't fit

GENIUS on 12 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
Bybit GENIUSUSDT+0.0100%4h0.3638−0.055%$1.6M$2.5M25xas long as short
Gate GENIUS_USDT+0.0100%4h0.3639−0.027%$252K$469K20xas long as short
KuCoin GENIUSUSDTMshort+0.0100%4h0.3635−0.146%$554K$1.9M20x
Bitget GENIUSUSDT+0.0100%4h0.3636−0.096%$792K$1.3M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3638−0.043%$95K$106Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3635−0.137%$2K$639K20xas long as short
BingX GENIUS-USDTlong+0.0146%4h0.3640long leg$1.7M
Extended GENIUS-USD+0.0160%1h0.3638−0.051%$4K$176K5xas long as short
Binance GENIUSUSDT+0.0163%4h0.3639−0.027%$9.2M$19.4M50xas long as short
MEXC GENIUS_USDT+0.0164%4h0.3638−0.055%$494K$331K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GENIUS-USDT+0.0214%4h0.3653+0.357%$506K$23K50xas long as short
Aster GENIUSUSDT+0.0567%4h0.3639−0.027%$260K$554K20xas long as short