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

SATS

all SATS 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: KuCoin against Binance−0.081%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,221as in the Price arb table
costs, in and out, $10k−$1,22112.215% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 4 days (all we have)−0.462%−$46 · spread now −0.081%, 7d avg −0.082%
Together, before fees−0.345%−$34 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000SATSUSDT0.000000012300.0100pay 0.0050% / 4h1h 33m$2.2M$5.3M25x
ShortKuCoin 10000SATSUSDTM0.000000012290.0100get 0.0050% / 4h1h 33m$202K$87K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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: −0.081% → −0.082%
$0.11
Slippage, 4 orders
−$1,199.49
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,221.38
Costs to cover
12.215%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; KuCoin: live order book, 62 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 Binance live order book, 4 min ago4.07 bp31.4 bp −$31463.6 bp −$4,636doesn't fitdoesn't fit
Sell KuCoin live order book, 62 min ago12.09 bp551.5 bp −$551doesn't fitdoesn't fitdoesn't fit

SATS on 8 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
Binance 1000SATSUSDTlong+0.0100%4h0.00000001230long leg$2.2M$5.3M25x
Bybit 10000SATSUSDT+0.0100%4h0.00000001231+0.114%$285K$876K13xas long as short
OKX SATS-USDT-SWAP+0.0100%8h0.00000001232+0.130%$823K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.00000001228−0.163%$360K$244K25xas long as short
MEXC SATS_USDT+0.0100%8h0.00000001231+0.081%$375K$184K100xas long as short
KuCoin 10000SATSUSDTMshort+0.0100%4h0.00000001229−0.081%$202K$87K10x
Bitget 1000SATSUSDT+0.0100%4h0.00000001231+0.081%$721K$239K25xas long as short
BingX 10000SATS-USDT+0.0100%4h0.00000001231+0.081%$90.3Mas long as short