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

GUN

all GUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0200%/8h= +21.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against KuCoin+0.165%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$583as in the Funding arb table
Net, price: spread back to 7d avg − costs−$566as in the Price arb table
costs, in and out, $10k−$5835.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.165%, 7d avg −0.011%
Together, before fees−0.126%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.176% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.011%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GUNUSDTM0.0030390.0100pay 0.0050% / 4h3h 54m$331K$115K30x
ShortMEXC GUN_USDT0.0030440.0300get 0.0150% / 4h3h 54m$685K$288K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$42
Price spread: +0.165% → −0.011%
$17.57
Slippage, 4 orders
−$567.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$523.74
Costs to cover
5.833%
Break-even
94.3 days
Slippage from KuCoin: live order book, 67 min ago; MEXC: live order book, 11 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, 67 min ago8.29 bp258.5 bp −$258doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 11 min ago1.64 bp13.1 bp −$1375.4 bp −$754183.0 bp −$18.3K487.1 bp −$243.5K

GUN on 9 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
KuCoin GUNUSDTMlong+0.0100%4h0.003039long leg$331K$115K30x
Bitget GUNUSDT+0.0100%4h0.003050+0.362%$542K$279K10xas long as short
BingX GUN-USDT+0.0240%4h0.003046+0.230%$1.3Mas long as short
BloFin GUN-USDT+0.0241%4h0.003058+0.625%$131K$14K50xas long as short
MEXC GUN_USDTshort+0.0300%4h0.003044+0.165%$685K$288K50x
Binance GUNUSDT+0.0308%4h0.003045+0.193%$2.1M$4.4M10xas long as short
Gate GUN_USDT+0.0884%4h0.003051+0.395%$185K$123K20xas long as short
Aster GUNUSDT+0.0957%4h0.003045+0.197%$8K$11K5xas long as short
Bybit GUNUSDT+0.4103%4h0.003051+0.395%$542K$930K20xas long as short