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+0.0114%/8h= +12.5% APRnext payment +$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.205%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$387as in the Price arb table
costs, in and out, $10k−$3993.987% 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−0.232%−$23 · spread now +0.205%, 7d avg +0.086%
Together, before fees−0.124%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.119% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GENIUSUSDTM0.34670.0100pay 0.0050% / 4h1h 13m$535K$1.8M20x
ShortBingX GENIUS-USDT0.34740.0214get 0.0107% / 4h1h 13m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$23.94
Price spread: +0.205% → +0.086%
$11.9
Slippage, 4 orders
−$376.69
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$362.85
Costs to cover
3.987%
Break-even
113.1 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago15.11 bp175.5 bp −$175doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 9 min ago8.61 bp32.2 bp −$32105.7 bp −$1,057526.3 bp −$52.6K1325.2 bp −$662.6K

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%4h0.3472+0.147%$1.4M$2.4M25xas long as short
Gate GENIUS_USDT+0.0100%4h0.3469+0.061%$237K$390K20xas long as short
KuCoin GENIUSUSDTMlong+0.0100%4h0.3467long leg$535K$1.8M20x
Bitget GENIUSUSDT+0.0100%4h0.3470+0.078%$718K$1.2M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3476+0.257%$91K$90Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3472+0.147%$1K$698K20xas long as short
Extended GENIUS-USD+0.0192%1h0.3471+0.130%$3K$175K5xas long as short
MEXC GENIUS_USDT+0.0192%4h0.3473+0.176%$475K$340K20xas long as short
Binance GENIUSUSDT+0.0193%4h0.3473+0.189%$8.9M$18.1M50xas long as short
BloFin GENIUS-USDT+0.0213%4h0.3476+0.262%$489K$25K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX GENIUS-USDTshort+0.0214%4h0.3474+0.205%$1.7M
Aster GENIUSUSDT+0.0707%4h0.3474+0.205%$253K$477K20xas long as short