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

SENT

all SENT 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 0.000%
Price spread now: KuCoin against Bybit+0.053%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2132.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.053%, 7d avg +0.007%
Together, before fees−0.154%−$15 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 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SENTUSDT0.018710.0100pay 0.0050% / 4h1h 33m$1.9M$994K50x
ShortKuCoin SENTUSDTM0.018720.0100get 0.0050% / 4h1h 33m$570K$109K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.053% → +0.007%
$4.68
Slippage, 4 orders
−$190.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$208.63
Costs to cover
2.133%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 39 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 Bybit live order book, 3 min ago3.20 bp40.9 bp −$41192.1 bp −$1,921doesn't fitdoesn't fit
Sell KuCoin live order book, 39 min ago24.02 bp57.3 bp −$57254.2 bp −$2,542doesn't fitdoesn't fit

SENT on 11 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
Aster SENTUSDT+0.0100%4h0.01872+0.040%$8K$5K5xas long as short
Binance SENTUSDT+0.0100%4h0.01873+0.107%$6.0M$2.9M75xas long as short
Bybit SENTUSDTlong+0.0100%4h0.01871long leg$1.9M$994K50x
OKX SENT-USDT-SWAP+0.0100%4h0.01869−0.107%$1.1M$698K50xas long as short
Gate SENT_USDT+0.0100%4h0.01870−0.053%$263K$75K50xas long as short
MEXC SENT_USDT+0.0100%4h0.01873+0.107%$454K$229K20xas long as short
KuCoin SENTUSDTMshort+0.0100%4h0.01872+0.053%$570K$109K50x
Bitget SENTUSDT+0.0100%4h0.018710.000%$1.1M$329K20xas long as short
BingX SENT-USDT+0.0100%4h0.01872+0.053%$1.8Mas long as short
SunX SENT-USDT+0.0100%4h0.01872+0.053%$3K$1.1M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SENT-USDT+0.0106%4h0.01874+0.160%$271K$20K75xas long as short