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

PTB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRnext payment $0.39 per $10,000 · paid last 24h +0.039%
Price spread now: KuCoin against MEXC−0.352%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$294as in the Price arb table
costs, in and out, $10k−$2642.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.458%+$46 on $10k
Price spread, last 7 days+0.167%+$17 · spread now −0.352%, 7d avg −0.049%
Together, before fees+0.625%+$62 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.303% cheaper against MEXC than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.458%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC PTB_USDT0.0011080.0178pay 0.0089% / 4h24m 29s$361K$947K20x
ShortKuCoin PTBUSDTM0.0011040.0100get 0.0050% / 4h24m 29s$1.7M$7.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
−$16.38
Price spread: −0.352% → −0.049%
−$30.28
Slippage, 4 orders
−$243.99
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$310.65
Costs to cover
2.640%
Break-even
never at this rate
Slippage from MEXC: live order book, 30 min ago; KuCoin: live order book, 4 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 MEXC live order book, 30 min ago3.56 bp32.2 bp −$3264.0 bp −$640215.5 bp −$21.5Kdoesn't fit
Sell KuCoin live order book, 4 min ago8.16 bp69.0 bp −$69doesn'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%4h0.001110+0.162%$1.7M$22.4M25xas long as short
KuCoin PTBUSDTMshort+0.0100%4h0.001104−0.352%$1.7M$7.4M20x
Variational Omni PTB+0.0100%4h0.001106−0.149%$32K$74Kas long as short
BloFin PTB-USDT+0.0163%4h0.001101−0.632%$468K$675K20xas long as short
Binance PTBUSDT+0.0171%4h0.001110+0.171%$8.0M$139.8M20xas long as short
Extended kPTB-USD+0.0176%1h0.001105−0.248%$4K$42K5xas long as short
MEXC PTB_USDTlong+0.0178%4h0.001108long leg$361K$947K20x
BingX PTB-USDT+0.0196%4h0.001112+0.415%$2.3Mas long as short
Aster PTBUSDT+0.0534%4h0.001103−0.408%$85K$894K5xas long as short
Gate PTB_USDT+0.0764%4h0.001104−0.361%$1.9M$5.7M25xas long as short