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

RE

all RE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.022%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1561.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.022%, 7d avg −0.031%
Together, before fees−0.120%−$12 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: Bybit is 0.052% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin REUSDTM0.46360.0100pay 0.0050% / 4h45m 53s$1.4M$973K20x
ShortBybit REUSDT0.46370.0100get 0.0050% / 4h45m 53s$1.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.022% → −0.031%
$5.23
Slippage, 4 orders
−$132.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$150.27
Costs to cover
1.555%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago6.14 bp35.6 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago2.15 bp44.3 bp −$44doesn't fitdoesn'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%1h0.4637+0.018%150xas long as short
Aster REUSDT+0.0100%4h0.4638+0.042%$36K$26K20xas long as short
Binance REUSDT+0.0100%4h0.4637+0.022%$8.3M$8.6M50xas long as short
Bybit REUSDTshort+0.0100%4h0.4637+0.022%$1.5M$1.3M20x
OKX RE-USDT-SWAP+0.0100%4h0.4636−0.002%$1.8M$3.5M20xas long as short
Gate RE_USDT+0.0100%4h0.4638+0.052%$416K$938K20xas long as short
MEXC RE_USDT+0.0100%4h0.4637+0.022%$1.2M$435K50xas long as short
KuCoin REUSDTMlong+0.0100%4h0.4636long leg$1.4M$973K20x
Bitget REUSDT+0.0100%4h0.4637+0.032%$1.8M$632K20xas long as short
BingX RE-USDT+0.0100%4h0.4637+0.022%$1.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX REUSDC+0.0100%4h0.4638+0.051%$7K$221K10xas long as short
Orderly PERP_RE_USDC_mythos+0.0100%4h0.46360.000%$4K10xas long as short
Extended RE-USD+0.0104%1h0.4636−0.003%$7885xas long as short
BloFin RE-USDT+0.0135%4h0.4635−0.022%$369K$68K50xas long as short