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

Q

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0492%/8h= −53.9% APRpaid last 24h −0.107%
Price spread now: KuCoin against Extended−0.318%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,817as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,802as in the Price arb table
costs, in and out, $10k−$1,78217.823% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.348%−$35 on $10k
Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.318%, 7d avg −0.120%
Together, before fees−0.046%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.198% cheaper against Extended than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended Q-USD0.025810.0592pay 0.0074% / 1h24m 52s$8K$160K5x
ShortKuCoin QUSDTM0.025730.0100get 0.0050% / 4h24m 52s$683K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$103.32
Price spread: −0.318% → −0.120%
−$19.75
Slippage, 4 orders
−$1,765.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,905.38
Costs to cover
17.823%
Break-even
never at this rate
Slippage from Extended: live order book, 31 min ago; KuCoin: live order book, 59 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 Extended live order book, 31 min ago11.47 bp106.3 bp −$106921.9 bp −$9,219doesn't fitdoesn't fit
Sell KuCoin live order book, 59 min ago17.12 bp462.5 bp −$462doesn't fitdoesn't fitdoesn't fit

Q on 11 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
Gate Q_USDT+0.0100%4h0.02579−0.097%$1.2M$290K10xas long as short
KuCoin QUSDTMshort+0.0100%4h0.02573−0.318%$683K$19K20x
Bitget QUSDT+0.0100%4h0.02579−0.093%$2.3M$135K20xas long as short
BloFin Q-USDT+0.0564%4h0.02584+0.101%$387K$72K40xas long as short
MEXC Q_USDT+0.0584%4h0.02583+0.047%$123K$88K50xas long as short
Extended Q-USDlong+0.0592%1h0.02581long leg$8K$160K5x
Binance QUSDT+0.0601%4h0.02581−0.011%$7.1M$1.3M20xas long as short
Aster QUSDT+0.0735%4h0.02573−0.330%$59K$47K5xas long as short
BingX Q-USDT+0.0908%4h0.02584+0.120%$1.3Mas long as short
Variational Omni Q+0.1006%4h0.02579−0.107%$622$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit QUSDT+0.1041%4h0.02580−0.054%$1.6M$386K13xas long as short