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

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against KuCoin+0.102%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2052.048% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.102%, 7d avg +0.095%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUSDTM0.039040.0100pay 0.0050% / 4h1h 26m$1.8M$3.0M50x
ShortMEXC S_USDT0.039080.0100get 0.0050% / 4h1h 26m$3.5M$2.3M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.102% → +0.095%
$0.7
Slippage, 4 orders
−$188.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$204.08
Costs to cover
2.048%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; MEXC: 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 ago3.83 bp99.8 bp −$100281.0 bp −$2,810doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago2.55 bp5.1 bp −$536.3 bp −$363258.5 bp −$25.9Kdoesn't fit

S on 25 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
Kraken Futures PF_SUSD−0.1600%1h0.03906+0.051%$33K$26K10xas long as short
Coinbase International S-PERP-INTX−0.1576%1h0.03826−1.998%$47K$5K25xas long as short
Variational Omni S−0.0847%4h0.03915+0.282%$609K$31Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0196% / S +0.0189%1h0.03910+0.156%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.03907+0.070%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.03910+0.163%$603150xas long as short
Orderly PERP_S_USDC+0.0028%4h0.03909+0.128%$100K$345K10xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+5.020%$2K$37K12xas long as short
Aster SUSDT+0.0093%4h0.03909+0.126%$43K$212K10xas long as short
Lighter S+0.0096%1h0.03910+0.154%$164K$223K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.03908+0.102%$981K$757K5xas long as short
Binance SUSDT+0.0100%4h0.03908+0.100%$5.3M$19.4M75xas long as short
Bybit SUSDT+0.0100%4h0.03901−0.077%$5.6M$5.7M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.03906+0.051%$973K$5.9M20xas long as short
Gate S_USDT+0.0100%4h0.03905+0.026%$319K$265K50xas long as short
MEXC S_USDTshort+0.0100%4h0.03908+0.102%$3.5M$2.3M200x
KuCoin SUSDTMlong+0.0100%4h0.03904long leg$1.8M$3.0M50x
Bitget SUSDT+0.0100%4h0.03911+0.179%$1.2M$2.6M50xas long as short
BingX S-USDT+0.0100%4h0.03905+0.026%$6.7Mas long as short
ApeX Omni SUSDT+0.0100%1h0.03920+0.410%$25K$465K50xas long as short
Extended S-USD+0.0104%1h0.03907+0.072%$221K$881K10xas long as short
01 Exchange SUSD+0.0128%1h0.03900−0.102%$24K$2K5xas long as short
Deribit S_USDC-PERPETUAL+0.0261%1h0.03913+0.231%$66K$10K10xas long as short
Backpack S_USDC_PERP+0.0305%1h0.03920+0.410%$114K$300K5xas long as short
BloFin S-USDT+0.0340%4h0.03918+0.359%$268K$126K75xas long as short