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

JELLYJELLY

all JELLYJELLY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0526%/8h= −57.7% APRnext payment $2.63 per $10,000 · paid last 24h −0.170%
Price spread now: BloFin against KuCoin−0.004%110s7-day average +0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,092as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1,05310.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.383%−$38 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.004%, 7d avg +0.086%
Together, before fees−0.401%−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BloFin is 0.089% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.086%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin JELLYJELLYUSDTM0.056340.0636pay 0.0318% / 4h5m 25s$8.2M$1.2M20x
ShortBloFin JELLYJELLY-USDT0.056340.0110get 0.0055% / 4h5m 25s$268K$15K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$110.56
Price spread: −0.004% → +0.086%
−$8.93
Slippage, 4 orders
−$1,029.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,172.83
Costs to cover
10.533%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 66 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, 3 min ago15.43 bp485.1 bp −$485doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 66 min ago5.30 bp33.3 bp −$33doesn't fitdoesn'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
Aster JELLYJELLYUSDT+0.0100%4h0.05630−0.071%$36K$12K5xas long as short
Binance JELLYJELLYUSDT+0.0100%4h0.05639+0.092%$4.4M$1.7M25xas long as short
Bybit JELLYJELLYUSDT+0.0100%4h0.05638+0.059%$2.4M$1.1M20xas long as short
OKX JELLYJELLY-USDT-SWAP+0.0100%4h0.05628−0.110%$1.3M$427K10xas long as short
Gate JELLYJELLY_USDT+0.0100%4h0.05624−0.181%$2.4M$143K20xas long as short
MEXC JELLYJELLY_USDT+0.0100%4h0.05637+0.050%$429K$150K20xas long as short
Extended JELLYJELLY-USD+0.0104%1h0.05637+0.051%$1K$235K5xas long as short
BloFin JELLYJELLY-USDTshort+0.0110%4h0.05634−0.004%$268K$15K20x
KuCoin JELLYJELLYUSDTMlong+0.0636%4h0.05634long leg$8.2M$1.2M20x