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

SATS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against Bitget−0.081%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,034as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,061as in the Price arb table
costs, in and out, $10k−$1,06710.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.332%+$33 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.081%, 7d avg −0.141%
Together, before fees+0.276%+$28 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: KuCoin is 0.060% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.141%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget 1000SATSUSDT0.000000012330.0100pay 0.0050% / 4h3h 56m$719K$243K25x
ShortKuCoin 10000SATSUSDTM0.000000012320.0100get 0.0050% / 4h3h 56m$199K$88K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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% → −0.141%
$5.98
Slippage, 4 orders
−$1,042.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,060.77
Costs to cover
10.667%
Break-even
never at this rate
Slippage from Bitget: live order book, 58 min ago; KuCoin: live order book, 14 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 Bitget live order book, 58 min ago8.13 bp37.1 bp −$37694.2 bp −$6,942doesn't fitdoesn't fit
Sell KuCoin live order book, 14 min ago8.08 bp486.1 bp −$486doesn'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 1000SATSUSDT+0.0100%4h0.00000001232−0.081%$2.2M$5.4M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001232−0.065%$286K$889K13xas long as short
Gate SATS_USDT+0.0100%4h0.00000001232−0.081%$361K$249K25xas long as short
KuCoin 10000SATSUSDTMshort+0.0100%4h0.00000001232−0.081%$199K$88K10x
Bitget 1000SATSUSDTlong+0.0100%4h0.00000001233long leg$719K$243K25x
OKX SATS-USDT-SWAP+0.0117%8h0.00000001233−0.024%$819K$3.0M10xas long as short
MEXC SATS_USDT+0.0119%8h0.00000001232−0.081%$374K$182K100xas long as short
BingX 10000SATS-USDT+0.0124%4h0.000000012330.000%$5.8Mas long as short