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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.046%
Price spread now: KuCoin against BingX+0.069%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3353.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 7 days−0.207%−$21 · spread now +0.069%, 7d avg −0.065%
Together, before fees−0.097%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.134% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX PTB-USDT0.0010150.0780pay 0.0390% / 4h1h 36m$1.9M
ShortKuCoin PTBUSDTM0.0010150.0902get 0.0451% / 4h1h 36m$1.6M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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
$25.62
Price spread: +0.069% → −0.065%
$13.35
Slippage, 4 orders
−$312.82
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$295.85
Costs to cover
3.348%
Break-even
87.8 days
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 2 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 BingX live order book, 2 min ago3.89 bp33.0 bp −$33130.0 bp −$1,300doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago9.25 bp73.4 bp −$73doesn't fitdoesn't fitdoesn't fit

PTB 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
Bybit PTBUSDT+0.0100%4h0.001017+0.197%$1.5M$15.5M25xas long as short
Variational Omni PTB+0.0100%4h0.001040+2.446%$30K$59Kas long as short
BingX PTB-USDTlong+0.0780%4h0.001015long leg$1.9M
Extended kPTB-USD+0.0784%1h0.001015+0.055%$4K$42K5xas long as short
MEXC PTB_USDT+0.0786%4h0.001017+0.168%$324K$534K20xas long as short
Binance PTBUSDT+0.0787%4h0.001015−0.012%$7.2M$90.9M20xas long as short
BloFin PTB-USDT+0.0804%4h0.001025+0.995%$421K$342K20xas long as short
Gate PTB_USDT+0.0834%4h0.001012−0.227%$1.7M$3.5M25xas long as short
KuCoin PTBUSDTMshort+0.0902%4h0.001015+0.069%$1.6M$6.0M20x
Aster PTBUSDT+0.1004%4h0.001016+0.091%$70K$702K5xas long as short