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

OG

all OG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.089%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$993as in the Funding arb table
Net, price: spread back to 7d avg − costs−$990as in the Price arb table
costs, in and out, $10k−$9949.938% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.089%, 7d avg +0.054%
Together, before fees−0.086%−$9 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: KuCoin is 0.035% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget OGUSDT2.82010.0100pay 0.0050% / 4h2h 05m$255K$130K20x
ShortKuCoin OGUSDTM2.82260.0100get 0.0050% / 4h2h 05m$169K$73K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: +0.089% → +0.054%
$3.47
Slippage, 4 orders
−$969.82
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$990.35
Costs to cover
9.938%
Break-even
never at this rate
Slippage from Bitget: live order book, 55 min ago; KuCoin: live order book, 24 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 Bitget live order book, 55 min ago8.51 bp31.7 bp −$32189.4 bp −$1,894doesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago29.61 bp527.6 bp −$528doesn't fitdoesn't fitdoesn't fit

OG on 8 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
Binance OGUSDT+0.0100%4h2.8195−0.020%$1.9M$1.1M25xas long as short
Gate OG_USDT+0.0100%4h2.8150−0.181%$97K$30K25xas long as short
MEXC OG_USDT+0.0100%4h2.8190−0.039%$743K$229K50xas long as short
KuCoin OGUSDTMshort+0.0100%4h2.8226+0.089%$169K$73K25x
Bitget OGUSDTlong+0.0100%4h2.8201long leg$255K$130K20x
Variational Omni OG+0.0100%8h2.8240+0.138%$1K$262as long as short
Bybit OGUSDT+0.0169%8h2.8220+0.067%$528K$179K13xas long as short
BingX OG-USDT+0.0198%4h2.8210+0.032%$6.5Mas long as short