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

JELLYJELLY

all JELLYJELLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0516%/8h= +56.5% APRnext payment +$2.58 per $10,000 · paid last 24h +0.113%
Price spread now: KuCoin against Binance+0.038%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,184as in the Price arb table
costs, in and out, $10k−$1,19711.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 days−0.057%−$6 · spread now +0.038%, 7d avg −0.084%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.122% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.084%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.58 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
LongBinance JELLYJELLYUSDT0.056390.0100pay 0.0050% / 4h3h 41m$4.4M$1.7M25x
ShortKuCoin JELLYJELLYUSDTM0.056420.0616get 0.0308% / 4h3h 41m$8.2M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$108.36
Price spread: +0.038% → −0.084%
$12.24
Slippage, 4 orders
−$1,174.51
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,075.92
Costs to cover
11.965%
Break-even
76.5 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 7 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 Binance live order book, 11 min ago3.55 bp47.7 bp −$48385.8 bp −$3,858doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago15.25 bp610.3 bp −$610902.4 bp −$9,024doesn't fitdoesn't fit

JELLYJELLY 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
BloFin JELLYJELLY-USDT+0.0073%4h0.05677+0.666%$270K$19K20xas long as short
Aster JELLYJELLYUSDT+0.0100%4h0.05633−0.114%$36K$12K5xas long as short
Binance JELLYJELLYUSDTlong+0.0100%4h0.05639long leg$4.4M$1.7M25x
Bybit JELLYJELLYUSDT+0.0100%4h0.05636−0.061%$2.4M$1.1M20xas long as short
OKX JELLYJELLY-USDT-SWAP+0.0100%4h0.05629−0.185%$1.3M$431K10xas long as short
Gate JELLYJELLY_USDT+0.0100%4h0.05632−0.132%$2.4M$122K20xas long as short
MEXC JELLYJELLY_USDT+0.0100%4h0.05639−0.008%$429K$146K20xas long as short
Extended JELLYJELLY-USD+0.0104%1h0.05641+0.036%$3K$239K5xas long as short
KuCoin JELLYJELLYUSDTMshort+0.0616%4h0.05642+0.038%$8.2M$1.2M20x