Funding arb · Price arb /

IDOL

all IDOL 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 +0.029%

Price spread now: KuCoin against Gate+0.554%7-day average +0.348% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3,641as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3,580as in the Price arb table

costs, in and out, $10k−$3,60136.009% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.403%−$40 on $10k

Price spread, last 4 days (all we have)−0.591%−$59 · spread now +0.554%, 7d avg +0.348%

Together, before fees−0.994%−$99 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: KuCoin is 0.206% dearer against Gate than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.348%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate IDOL_USDT	0.01190	0.0100	pay 0.0050% / 4h	1h 14m	$562K	$24K	10x
Short	KuCoin IDOLUSDTM	0.01197	0.0100	get 0.0050% / 4h	1h 14m	$713K	$21K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now +0.554%Rate

Funding earned: $0
Price spread: +0.554% → +0.348%: $20.63
Slippage, 4 orders: −$3,573.93
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$3,580.3
Costs to cover: 36.009%
Break-even: never at this rate

Slippage from Gate: live order book, 47 min ago; KuCoin: live order book, 10 min ago.

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 Gate live order book, 47 min ago	15.13 bp	1225.5 bp −$1,225	11634.1 bp −$116.3K	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	20.89 bp	673.8 bp −$674	doesn't fit	doesn't fit	doesn't fit

IDOL 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
Aster IDOLUSDT	+0.0100%	4h	0.01192	+0.142%	$137K	$3K	5x	as long as short
Gate IDOL_USDTlong	+0.0100%	4h	0.01190	long leg	$562K	$24K	10x
KuCoin IDOLUSDTMshort	+0.0100%	4h	0.01197	+0.554%	$713K	$21K	25x
Bitget IDOLUSDT	+0.0100%	4h	0.01194	+0.302%	$2.5M	$95K	10x	as long as short
Variational Omni IDOL	+0.0100%	4h	0.01195	+0.409%	$3K	$1	—	as long as short
BingX IDOL-USDT	+0.0306%	4h	0.01195	+0.386%	—	$2.3M	—	as long as short
MEXC IDOL_USDT	+0.0326%	4h	0.01196	+0.470%	$87K	$87K	50x	as long as short
Binance IDOLUSDT	+0.0326%	4h	0.01196	+0.497%	$6.0M	$1.3M	25x	as long as short