Funding arb · Price arb /

POWR

all POWR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Binance+0.063%7-day average +0.124% · you sell dearer than you buy

Net, funding: paid 7d − costs−$963as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,050as in the Price arb table

costs, in and out, $10k−$1,04410.440% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.805%+$81 on $10k

Price spread, last 4 days (all we have)+0.259%+$26 · spread now +0.063%, 7d avg +0.124%

Together, before fees+1.064%+$106 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 0.061% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.124%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance POWRUSDT	0.06384	0.0100	pay 0.0050% / 4h	3h 22m	$1.4M	$2.2M	50x
Short	KuCoin POWRUSDTM	0.06388	0.0100	get 0.0050% / 4h	3h 22m	$643K	$104K	30x

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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → +0.124%: −$6.09
Slippage, 4 orders: −$1,021.99
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,050.09
Costs to cover: 10.440%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; KuCoin: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	1.58 bp	35.9 bp −$36	180.6 bp −$1,806	doesn't fit	doesn't fit
Sell KuCoin live order book, 12 min ago	22.74 bp	598.1 bp −$598	doesn't fit	doesn't fit	doesn't fit

POWR on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX POWR-USDT	+0.0070%	4h	0.06380	−0.063%	—	$1.3M	—	as long as short
Aster POWRUSDT	+0.0100%	4h	0.06377	−0.112%	$13K	$44K	5x	as long as short
Binance POWRUSDTlong	+0.0100%	4h	0.06384	long leg	$1.4M	$2.2M	50x
Gate POWR_USDT	+0.0100%	4h	0.06352	−0.501%	$106K	$28K	10x	as long as short
MEXC POWR_USDT	+0.0100%	4h	0.06384	0.000%	$1.1M	$112K	50x	as long as short
KuCoin POWRUSDTMshort	+0.0100%	4h	0.06388	+0.063%	$643K	$104K	30x
Bitget POWRUSDT	+0.0100%	4h	0.06376	−0.125%	$372K	$202K	50x	as long as short
Bybit POWRUSDT	+0.0404%	4h	0.06377	−0.110%	$918K	$540K	13x	as long as short
Variational Omni POWR	+0.0450%	4h	0.06342	−0.662%	$508	$2K	—	as long as short
Kraken Futures PF_POWRUSD	+0.1178%	1h	0.06411	+0.430%	$16K	$11K	10x	as long as short