Funding arb · Price arb /

HAEDAL

all HAEDAL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.191%7-day average +0.049% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.191%, 7d avg +0.049%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.142% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HAEDALUSDTM	0.02092	0.0100	pay 0.0050% / 4h	1h 31m	$118K	$53K	10x
Short	Bitget HAEDALUSDT	0.02096	0.0100	get 0.0050% / 4h	1h 31m	$195K	$208K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now +0.191%Rate

Funding earned: $0
Price spread: +0.191% → +0.049%: $14.18
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$9.82
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 58 min ago; Bitget: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 58 min ago	57.22 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 24 min ago	9.55 bp	36.5 bp −$36	536.0 bp −$5,360	doesn't fit	doesn't fit

HAEDAL on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance HAEDALUSDT	+0.0100%	4h	0.02098	+0.288%	$1.5M	$1.9M	10x	as long as short
Bybit HAEDALUSDT	+0.0100%	4h	0.02098	+0.287%	$401K	$231K	13x	as long as short
Gate HAEDAL_USDT	+0.0100%	4h	0.02095	+0.143%	$72K	$40K	10x	as long as short
MEXC HAEDAL_USDT	+0.0100%	4h	0.02097	+0.239%	$163K	$198K	125x	as long as short
KuCoin HAEDALUSDTMlong	+0.0100%	4h	0.02092	long leg	$118K	$53K	10x
Bitget HAEDALUSDTshort	+0.0100%	4h	0.02096	+0.191%	$195K	$208K	10x
BingX HAEDAL-USDT	+0.0100%	4h	0.02098	+0.287%	—	$1.2M	—	as long as short
Variational Omni HAEDAL	+0.0100%	4h	0.02098	+0.266%	$363	$2K	—	as long as short