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

GTC

all GTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.3% APRnext payment +$1.76 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Binance−0.156%7-day average +0.126% · 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 7 days+0.055%+$5 on $10k
Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.156%, 7d avg +0.126%
Together, before fees+0.249%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.282% cheaper against Binance than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of +0.126%). If the spread goes back, that is −$28 on $10k: about 5.3 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.055% in total) that is about 36 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GTCUSDT0.088040.0100pay 0.0100% / 8h7h 06m$1.4M$955K10x
ShortKuCoin GTCUSDTM0.087900.0276get 0.0276% / 8h7h 06m$205K$25K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$36.96
Price spread: −0.156% → +0.126%
−$28.21
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.25
Costs to cover
0.220%
Break-even
9.5 days
Slippage unknown: Binance: live order book, 11 min ago; KuCoin: live order book, 43 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 Binance live order book, 11 min ago3.99 bp38.9 bp −$39654.4 bp −$6,544doesn't fitdoesn't fit
Sell KuCoin live order book, 43 min ago28.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GTC on 4 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 GTCUSDT+0.0100%8h0.08483−3.638%$3K$4805xas long as short
Binance GTCUSDTlong+0.0100%8h0.08804long leg$1.4M$955K10x
Extended GTC-USD+0.0104%1h0.08801−0.027%$702$145K5xas long as short
KuCoin GTCUSDTMshort+0.0276%8h0.08790−0.156%$205K$25K10x