Funding you earn now, next payment 06:00 UTC+0.0324%/8h= +35.5% APRpaid last 24h −0.009%
Price spread now: KuCoin against Extended−0.105%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,669as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,626as in the Price arb table
costs, in and out, $10k−$1,64016.402% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.105%, 7d avg −0.250%
=Together, before fees−0.323%+ Points / potential airdropExtended: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and KuCoin is 0.145% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.250%. Mind the row above: over the last 7 days funding on this pair cost −0.283%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SWARMS-USD | 0.008349 | 0.0864 | pay 0.0108% / 1h | 51m 18s | $9K | $213K | 5x |
| Short | KuCoin SWARMSUSDTM | 0.008340 | 0.1188 | get 0.0594% / 4h | 2h 51m | $782K | $119K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $68.04
- Price spread: −0.105% → −0.250%
- $14.52
- Slippage, 4 orders
- −$1,623.18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,557.61
- Costs to cover
- 16.402%
- Break-even
- 167.2 days
Slippage from Extended: live order book, 59 min ago; KuCoin: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 59 min ago | 9.01 bp | 115.5 bp −$115 | 823.9 bp −$8,239 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 23 min ago | 16.30 bp | 770.1 bp −$770 | doesn't fit | doesn't fit | doesn't fit |
SWARMS on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008334 | −0.177% | $957K | $105K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0774% | 4h | 0.008349 | +0.003% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDT | +0.0808% | 4h | 0.008327 | −0.261% | $230K | $7K | 20x | as long as short |
| MEXC SWARMS_USDT | +0.0860% | 4h | 0.008353 | +0.051% | $159K | $96K | 100x | as long as short |
| Binance SWARMSUSDT | +0.0860% | 4h | 0.008351 | +0.027% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USDlong | +0.0864% | 1h | 0.008349 | long leg | $9K | $213K | 5x | |
| KuCoin SWARMSUSDTMshort | +0.1188% | 4h | 0.008340 | −0.105% | $782K | $119K | 20x | |
| Aster SWARMSUSDT | +0.1355% | 4h | 0.008355 | +0.076% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3001% | 1h | 0.008385 | +0.431% | $9K | $149 | 10x | as long as short |
Extended SWARMS-USD
KuCoin SWARMSUSDTM
Gate SWARMS_USDT
BingX SWARMS-USDT
BloFin SWARMS-USDT
MEXC SWARMS_USDT
Binance SWARMSUSDT
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD