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

SHELL

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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 0.000%
Price spread now: KuCoin against Binance+0.062%7-day average +0.099% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.062%, 7d avg +0.099%
Together, before fees+0.120%+$12 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 0.037% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.099%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SHELLUSDT0.027040.0100pay 0.0050% / 4h2h 32m$2.1M$2.9M10x
ShortKuCoin SHELLUSDTM0.027060.0100get 0.0050% / 4h2h 32m$345K$34K10x

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: +0.062% → +0.099%
−$3.75
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.75
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 min ago; KuCoin: live order book, 25 min ago. Net counts fees only.

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, 3 min ago3.67 bp39.4 bp −$39189.0 bp −$1,890doesn't fitdoesn't fit
Sell KuCoin live order book, 25 min ago14.60 bp777.9 bp −$778doesn't fitdoesn't fitdoesn't fit

SHELL on 10 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 SHELLUSDT+0.0100%4h0.02706+0.075%$1K$10K5xas long as short
Binance SHELLUSDTlong+0.0100%4h0.02704long leg$2.1M$2.9M10x
OKX SHELL-USDT-SWAP+0.0100%4h0.02705+0.025%$175K$466K10xas long as short
Gate SHELL_USDT+0.0100%4h0.02718+0.505%$414K$207K10xas long as short
MEXC SHELL_USDT+0.0100%4h0.02702−0.086%$280K$143K50xas long as short
KuCoin SHELLUSDTMshort+0.0100%4h0.02706+0.062%$345K$34K10x
Variational Omni SHELL+0.0100%4h0.02721+0.619%$1K$1Kas long as short
Bybit SHELLUSDT+0.0197%4h0.02701−0.123%$511K$217K13xas long as short
BingX SHELL-USDT+0.0802%4h0.02706+0.062%$6.5Mas long as short
Bitget SHELLUSDT+0.0854%4h0.02711+0.247%$566K$230K10xas long as short