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

ILV

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against KuCoin−0.105%7-day average −0.185% · you buy dearer than you sell
Net, funding: paid 7d − costs−$492as in the Funding arb table
Net, price: spread back to 7d avg − costs−$451as in the Price arb table
costs, in and out, $10k−$4594.585% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.331%−$33 on $10k
Price spread, last 4 days (all we have)−0.223%−$22 · spread now −0.105%, 7d avg −0.185%
Together, before fees−0.554%−$55 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: BingX is 0.080% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ILVUSDTM3.80300.0100pay 0.0050% / 4h3h 55m$347K$71K30x
ShortBingX ILV-USDT3.79900.0100get 0.0050% / 4h3h 55m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.105% → −0.185%
$7.99
Slippage, 4 orders
−$436.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$450.53
Costs to cover
4.585%
Break-even
never at this rate
Slippage from KuCoin: live order book, 17 min ago; BingX: live order book, 6 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, 17 min ago22.30 bp201.4 bp −$201doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago9.22 bp28.9 bp −$2975.9 bp −$759474.2 bp −$47.4K534.2 bp −$267.1K

ILV on 10 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
Injective ILV/USDC PERP−0.2519%1h3.7810−0.578%$2K$1025.5xas long as short
Binance ILVUSDT+0.0100%4h3.7988−0.111%$1.5M$1.8M50xas long as short
Bybit ILVUSDT+0.0100%4h3.80300.000%$541K$332K50xas long as short
Gate ILV_USDT+0.0100%8h3.7950−0.210%$57K$62K20xas long as short
MEXC ILV_USDT+0.0100%4h3.7990−0.105%$718K$161K50xas long as short
KuCoin ILVUSDTMlong+0.0100%4h3.8030long leg$347K$71K30x
Bitget ILVUSDT+0.0100%4h3.8000−0.079%$136K$163K50xas long as short
BingX ILV-USDTshort+0.0100%4h3.7990−0.105%$6.5M
Variational Omni ILV+0.0100%4h3.8003−0.070%$7K$5as long as short
BloFin ILV-USDT+0.0107%4h3.7970−0.158%$98K$50K50xas long as short