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

ID

all ID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.063%
Price spread now: Gate against KuCoin−0.053%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$450as in the Funding arb table
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4604.600% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.053%, 7d avg +0.059%
Together, before fees+0.126%+$13 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: Gate is 0.113% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IDUSDTM0.037630.0100pay 0.0050% / 4h1h 42m$1.1M$62K30x
ShortGate ID_USDT0.037610.0100get 0.0050% / 4h1h 42m$254K$236K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.053% → +0.059%
−$11.25
Slippage, 4 orders
−$433
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$471.25
Costs to cover
4.600%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 35 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 ago11.97 bp200.9 bp −$201doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 35 min ago5.35 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit

ID on 11 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
BloFin ID-USDT+0.0052%4h0.03758−0.133%$162K$11K50xas long as short
Aster IDUSDT+0.0100%4h0.03768+0.122%$9K$1355xas long as short
Binance IDUSDT+0.0100%4h0.037630.000%$2.4M$3.4M50xas long as short
Bybit IDUSDT+0.0100%8h0.03767+0.106%$1.4M$1.0M25xas long as short
Gate ID_USDTshort+0.0100%4h0.03761−0.053%$254K$236K25x
MEXC ID_USDT+0.0100%4h0.03764+0.027%$429K$155K20xas long as short
KuCoin IDUSDTMlong+0.0100%4h0.03763long leg$1.1M$62K30x
Bitget IDUSDT+0.0100%4h0.03765+0.053%$780K$572K50xas long as short
BingX ID-USDT+0.0100%4h0.03761−0.053%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03758−0.129%$12K$20Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0406%1h0.03764+0.034%$4K$2K10xas long as short