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

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against KuCoin+0.067%7-day average +0.198% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3303.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)+0.757%+$76 · spread now +0.067%, 7d avg +0.198%
Together, before fees+0.788%+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.131% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.198%). If the spread goes back, that is −$13 on $10k: about 10 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.031% in total) that is about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GENIUSUSDTM0.34180.0100pay 0.0050% / 4h50m 44s$535K$1.8M20x
ShortBloFin GENIUS-USDT0.34200.0143get 0.0071% / 4h50m 44s$511K$23K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.93
Price spread: +0.067% → +0.198%
−$13.09
Slippage, 4 orders
−$306.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$334.38
Costs to cover
3.302%
Break-even
269.1 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 53 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, 3 min ago10.37 bp141.8 bp −$142doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago4.38 bp16.2 bp −$1673.9 bp −$739doesn't fitdoesn't fit

GENIUS on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GENIUSUSDT+0.0100%4h0.3419+0.052%$9.1M$17.0M50xas long as short
Bybit GENIUSUSDT+0.0100%4h0.3418+0.009%$1.4M$2.2M25xas long as short
Gate GENIUS_USDT+0.0100%4h0.3416−0.050%$231K$357K20xas long as short
MEXC GENIUS_USDT+0.0100%4h0.3416−0.050%$501K$304K20xas long as short
KuCoin GENIUSUSDTMlong+0.0100%4h0.3418long leg$535K$1.8M20x
Bitget GENIUSUSDT+0.0100%4h0.3417−0.015%$707K$1.1M20xas long as short
BingX GENIUS-USDT+0.0100%4h0.3418+0.009%$1.7Mas long as short
Variational Omni GENIUS+0.0100%4h0.3433+0.436%$90K$13Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3418+0.009%$1K$827K20xas long as short
Extended GENIUS-USD+0.0104%1h0.3416−0.051%$3K$208K5xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GENIUS-USDTshort+0.0143%4h0.3420+0.067%$511K$23K50x
Aster GENIUSUSDT+0.0806%4h0.3420+0.067%$253K$356K20xas long as short