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% APRpaid last 24h +0.016%
Price spread now: MEXC against KuCoin+0.244%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,120as in the Price arb table
costs, in and out, $10k−$1,14511.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.096%−$10 on $10k
Price spread, last 4 days (all we have)−0.427%−$43 · spread now +0.244%, 7d avg −0.010%
Together, before fees−0.523%−$52 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: MEXC is 0.255% dearer against KuCoin than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 10000SATSUSDTM0.000000012270.0100pay 0.0050% / 4h3h 53m$218K$84K10x
ShortMEXC SATS_USDT0.000000012300.0100get 0.0100% / 8h7h 53m$376K$179K100x

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: +0.244% → −0.010%
$25.5
Slippage, 4 orders
−$1,125.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$1,119.55
Costs to cover
11.450%
Break-even
never at this rate
Slippage from KuCoin: live order book, 67 min ago; MEXC: live order book, 2 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, 67 min ago12.23 bp469.9 bp −$470doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago8.14 bp26.4 bp −$26148.4 bp −$1,484284.8 bp −$28.5K575.7 bp −$287.8K

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
Bitget 1000SATSUSDT+0.0002%4h0.00000001228+0.081%$722K$217K25xas long as short
Binance 1000SATSUSDT+0.0100%4h0.000000012270.000%$2.1M$5.1M25xas long as short
Bybit 10000SATSUSDT+0.0100%4h0.00000001228+0.106%$284K$861K13xas long as short
OKX SATS-USDT-SWAP+0.0100%8h0.00000001230+0.228%$831K$3.0M10xas long as short
Gate SATS_USDT+0.0100%4h0.000000012270.000%$354K$237K25xas long as short
MEXC SATS_USDTshort+0.0100%8h0.00000001230+0.244%$376K$179K100x
KuCoin 10000SATSUSDTMlong+0.0100%4h0.00000001227long leg$218K$84K10x
BingX 10000SATS-USDT+0.0100%4h0.00000001228+0.081%$90.8Mas long as short