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

RE

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SwapBacktest
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: Binance against KuCoin−0.099%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$890.886% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.099%, 7d avg −0.056%
Together, before fees+0.134%+$13 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: Binance is 0.043% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin REUSDTM0.46650.0100pay 0.0050% / 4h3h 03m$1.4M$1.1M20x
ShortBinance REUSDT0.46600.0100get 0.0050% / 4h3h 03m$8.4M$9.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.099% → −0.056%
−$4.26
Slippage, 4 orders
−$66.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$92.85
Costs to cover
0.886%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 6 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, 2 min ago3.97 bp28.9 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago2.14 bp16.1 bp −$1671.1 bp −$711doesn't fitdoesn't fit

RE on 14 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
gTrade (Gains Network) RE/USDL −0.0025% / S +0.0026%1h0.4665+0.016%150xas long as short
Aster REUSDT+0.0100%4h0.4665+0.009%$36K$29K20xas long as short
Binance REUSDTshort+0.0100%4h0.4660−0.099%$8.4M$9.6M50x
Bybit REUSDT+0.0100%4h0.4664−0.013%$1.4M$1.5M20xas long as short
OKX RE-USDT-SWAP+0.0100%4h0.4663−0.024%$1.7M$4.1M20xas long as short
Gate RE_USDT+0.0100%4h0.4665+0.002%$412K$1.0M20xas long as short
MEXC RE_USDT+0.0100%4h0.4658−0.141%$1.2M$438K50xas long as short
KuCoin REUSDTMlong+0.0100%4h0.4665long leg$1.4M$1.1M20x
Bitget REUSDT+0.0100%4h0.4664−0.009%$1.8M$715K20xas long as short
BingX RE-USDT+0.0100%4h0.4662−0.056%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4662−0.066%$8K$222K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.4664−0.013%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4659−0.125%$7925xas long as short
BloFin RE-USDT+0.0115%4h0.4665+0.009%$365K$72K50xas long as short