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

SWARMS

all SWARMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+3.9356%/8h= +4309.4% APRpaid last 24h +4.216%
Price spread now: Kraken Futures against BloFin+0.556%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1,181 a day on $10k at the current rate, and Kraken Futures is 0.556% dearer against BloFin than usual: you sell high and buy low: +$56 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SWARMS-USDT0.0082130.0486pay 0.0243% / 4h3h 44m$224K$8K20x
ShortKraken Futures PF_SWARMSUSD0.0082593.9841get 0.4980% / 1h44m 26s$9K$4510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$8,264.69
Price spread: +0.556% → 0.000%
$55.61
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$8,298.3
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: live order book, 22 min ago; Kraken Futures: no order-book sample. 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 BloFin live order book, 22 min ago1.81 bp48.6 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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.

SWARMS on 9 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
Gate SWARMS_USDT+0.0100%4h0.008196−0.207%$948K$114K10xas long as short
Binance SWARMSUSDT+0.0455%4h0.008206−0.085%$3.5M$3.5M20xas long as short
Extended SWARMS-USD+0.0464%1h0.008197−0.198%$7K$209K5xas long as short
MEXC SWARMS_USDT+0.0466%4h0.008205−0.097%$152K$97K100xas long as short
BingX SWARMS-USDT+0.0478%4h0.008203−0.122%$6.5Mas long as short
BloFin SWARMS-USDTlong+0.0486%4h0.008213long leg$224K$8K20x
Aster SWARMSUSDT+0.0575%4h0.008197−0.197%$31K$102K5xas long as short
KuCoin SWARMSUSDTM+0.1306%4h0.008208−0.061%$770K$121K20xas long as short
Kraken Futures PF_SWARMSUSDshort+3.9841%1h0.008259+0.556%$9K$4510x