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

MUBARAK

all MUBARAK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1327%/8h= +145.3% APRnext payment +$6.63 per $10,000 · paid last 24h +0.161%
Price spread now: KuCoin against Bybit+0.203%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1821.816% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.280%+$28 on $10k
Price spread, last 7 days−0.140%−$14 · spread now +0.203%, 7d avg +0.095%
Together, before fees+0.140%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and KuCoin is 0.108% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.095%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.63 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
LongBybit MUBARAKUSDT0.058090.0151pay 0.0076% / 4h1h 31m$5.6M$23.2M25x
ShortKuCoin MUBARAKUSDTM0.058210.1478get 0.0739% / 4h1h 31m$3.0M$2.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$278.64
Price spread: +0.203% → +0.095%
$10.76
Slippage, 4 orders
−$158.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$107.84
Costs to cover
1.816%
Break-even
4.3 days
Slippage from Bybit: live order book, 7 min ago; KuCoin: live order book, 5 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 Bybit live order book, 7 min ago6.08 bp46.6 bp −$47140.8 bp −$1,408doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago7.80 bp60.6 bp −$61459.4 bp −$4,594doesn't fitdoesn't fit

MUBARAK on 11 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
Kraken Futures PF_MUBARAKUSD−0.1245%1h0.05805−0.070%$77K$667K10xas long as short
OKX MUBARAK-USDT-SWAP+0.0100%4h0.05807−0.033%$4.5M$111.9M20xas long as short
Variational Omni MUBARAK+0.0100%4h0.05764−0.777%$12K$65Kas long as short
Bybit MUBARAKUSDTlong+0.0151%4h0.05809long leg$5.6M$23.2M25x
Bitget MUBARAKUSDT+0.0358%4h0.05807−0.038%$4.0M$15.9M25xas long as short
BingX MUBARAK-USDT+0.0532%4h0.05810+0.014%$4.1Mas long as short
Binance MUBARAKUSDT+0.0565%4h0.05809−0.003%$25.6M$176.7M25xas long as short
MEXC MUBARAK_USDT+0.0568%4h0.05803−0.107%$1.4M$2.2M50xas long as short
Aster MUBARAKUSDT+0.0580%4h0.05812+0.048%$15K$764K5xas long as short
KuCoin MUBARAKUSDTMshort+0.1478%4h0.05821+0.203%$3.0M$2.7M30x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MUBARAK_USDT+0.2054%4h0.05811+0.031%$10.0M$10.6M50xas long as short