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

POWER

all POWER 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 +0.002%
Price spread now: BingX against KuCoin+0.008%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2852.848% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.008%, 7d avg +0.102%
Together, before fees−0.120%−$12 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: BingX is 0.094% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin POWERUSDTM0.12350.0100pay 0.0050% / 4h1h 13m$2.5M$15.0M20x
ShortBingX POWER-USDT0.12350.0100get 0.0050% / 4h1h 13m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: +0.008% → +0.102%
−$9.43
Slippage, 4 orders
−$262.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$294.24
Costs to cover
2.848%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 8 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, 5 min ago13.37 bp126.1 bp −$1262431.8 bp −$24.3Kdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago25.44 bp53.3 bp −$53159.9 bp −$1,599doesn'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
Binance POWERUSDT+0.0100%4h0.1238+0.252%$3.6M$5.6M20xas long as short
Bybit POWERUSDT+0.0100%4h0.1238+0.235%$2.1M$1.5M20xas long as short
Gate POWER_USDT+0.0100%8h0.1240+0.405%$234K$119K20xas long as short
MEXC POWER_USDT+0.0100%4h0.1237+0.211%$14.3M$439K20xas long as short
KuCoin POWERUSDTMlong+0.0100%4h0.1235long leg$2.5M$15.0M20x
Bitget POWERUSDT+0.0100%4h0.1237+0.138%$3.4M$499K20xas long as short
BingX POWER-USDTshort+0.0100%4h0.1235+0.008%$1.4M
Variational Omni POWER+0.0100%4h0.1239+0.292%$18K$3Kas long as short
BloFin POWER-USDT+0.0153%4h0.1236+0.057%$214K$131K20xas long as short
Aster POWERUSDT+0.0372%4h0.1235+0.001%$24K$28K5xas long as short