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

SPELL

all SPELL markets
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 0.000%
Price spread now: KuCoin against Gate0.000%7-day average · 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 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPELL_USDT0.000091800.0100pay 0.0100% / 8h4h 28m$51K$22K20x
ShortKuCoin SPELLUSDTM0.000091800.0100get 0.0100% / 8h4h 28m$192K$25K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$27
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: no order-book sample; KuCoin: live order book, 52 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 Gate no order-book sample
Sell KuCoin live order book, 52 min ago38.02 bp429.7 bp −$430doesn't fitdoesn't fitdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPELL on 7 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 SPELLUSDT+0.0100%8h0.00009185+0.054%$1.5M$1.5M50xas long as short
Gate SPELL_USDTlong+0.0100%8h0.00009180long leg$51K$22K20x
MEXC SPELL_USDT+0.0100%8h0.000091800.000%$411K$132K20xas long as short
KuCoin SPELLUSDTMshort+0.0100%8h0.000091800.000%$192K$25K30x
Bitget SPELLUSDT+0.0100%8h0.000091800.000%$610K$39K25xas long as short
Variational Omni SPELL+0.0100%8h0.00009173−0.072%$111$2Kas long as short
Kraken Futures PF_SPELLUSD+0.0925%1h0.00009190+0.111%$15K$2K10xas long as short