Funding arb · Price arb / Crypto
LAYER
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06474 | +0.0100 | pay 0.0050% / 4h | 2h 50m | $114K | $19K | 30x | Long KuCoin | |
| SHORT | 0.06468 | +0.0104 | get 0.0013% / 1h | 50m 08s | $3K | $204K | 5x | Short Extended10% off |
Price gap−0.089%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0004% /8h now · paid −0.011% over the last 7D
Price+$10spread −0.089% now, avg −0.189% → +0.100% if it goes back
Costs−$7837.834% of $10k · taker + slippage, in and out
Result−$775−7.75%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.089%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLAYER on 14 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size398.7 / 25.2 bpAt $10k entering KuCoin costs 398.7 bp, fee and slippage, 15.8× Extended’s.
- Note: Margin at max leverage$333 + $2,000KuCoin 30x, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long KuCoin: 6 payments, −$3.00; short Extended: 24 payments, +$3.12.
- OK: Entry gap works for you−0.089% vs −0.189%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $114K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · Extended NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.13
Price spread−0.089% → −0.189% (7d avg)+$9.98
Slippage, 4 orderslive order books−$766.43
Fee KuCoin bp × 2 orders−$12.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$774.58
Costs to cover7.834%Break-evennever at this rate
Slippage: KuCoin: live order book, 43 min ago; Extended: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin20.83398.7 bp−$399doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTExtended3.7125.2 bp−$25173.9 bp−$1,739doesn’t fitdoesn’t fit
Closing costs about the same again.