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

POWER

all POWER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.265%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3203.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.469%+$47 on $10k
Price spread, last 7 days+0.335%+$34 · spread now −0.265%, 7d avg −0.046%
Together, before fees+0.805%+$80 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 0.218% cheaper against Binance than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance POWERUSDT0.12090.0100pay 0.0050% / 4h1h 58m$3.6M$5.6M20x
ShortKuCoin POWERUSDTM0.12060.0100get 0.0050% / 4h1h 58m$2.4M$14.8M20x

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
$0
Price spread: −0.265% → −0.046%
−$21.82
Slippage, 4 orders
−$298
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$341.82
Costs to cover
3.200%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 10 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, 9 min ago0.83 bp43.4 bp −$43360.4 bp −$3,604doesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago8.71 bp68.1 bp −$68907.4 bp −$9,074doesn't fitdoesn't fit

POWER on 10 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 POWERUSDT+0.0100%4h0.1210+0.093%$23K$26K5xas long as short
Binance POWERUSDTlong+0.0100%4h0.1209long leg$3.6M$5.6M20x
Bybit POWERUSDT+0.0100%4h0.1209−0.033%$2.0M$1.6M20xas long as short
Gate POWER_USDT+0.0100%8h0.1213+0.339%$227K$112K20xas long as short
MEXC POWER_USDT+0.0100%4h0.12090.000%$14.0M$426K20xas long as short
KuCoin POWERUSDTMshort+0.0100%4h0.1206−0.265%$2.4M$14.8M20x
Bitget POWERUSDT+0.0100%4h0.1209+0.008%$3.3M$509K20xas long as short
BingX POWER-USDT+0.0100%4h0.1210+0.091%$1.4Mas long as short
Variational Omni POWER+0.0100%4h0.1209−0.002%$18K$3Kas long as short
BloFin POWER-USDT+0.0127%4h0.1208−0.058%$211K$128K20xas long as short