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

SWARMS

all SWARMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0199%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.082%
Price spread now: Aster against KuCoin+0.012%7-day average +0.181% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$2,211as in the Price arb table
costs, in and out, $10k−$2,19421.942% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.178%+$18 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.012%, 7d avg +0.181%
Together, before fees+0.319%+ Points / potential airdropAster: Stage 5 · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.169% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.181%). If the spread goes back, that is −$17 on $10k: about 2.8 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SWARMSUSDTM0.0082080.0976pay 0.0488% / 4h1h 34m$769K$119K20x
ShortAster SWARMSUSDT0.0082090.1175get 0.0587% / 4h1h 34m$31K$101K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$41.69
Price spread: +0.012% → +0.181%
−$16.91
Slippage, 4 orders
−$2,174.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$2,169.38
Costs to cover
21.942%
Break-even
371.3 days
Slippage from KuCoin: live order book, 35 min ago; Aster: live order book, 6 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 KuCoin live order book, 35 min ago16.92 bp569.9 bp −$570doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 6 min ago16.36 bp392.7 bp −$393doesn't fitdoesn't fitdoesn't fit

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%4h0.008202−0.073%$947K$112K10xas long as short
BloFin SWARMS-USDT+0.0707%4h0.008215+0.085%$226K$8K20xas long as short
BingX SWARMS-USDT+0.0710%4h0.008212+0.049%$6.5Mas long as short
Binance SWARMSUSDT+0.0722%4h0.008213+0.067%$3.5M$3.4M20xas long as short
Extended SWARMS-USD+0.0736%1h0.008209+0.018%$7K$197K5xas long as short
MEXC SWARMS_USDT+0.0746%4h0.008211+0.037%$150K$98K100xas long as short
KuCoin SWARMSUSDTMlong+0.0976%4h0.008208long leg$769K$119K20x
Aster SWARMSUSDTshort+0.1175%4h0.008209+0.012%$31K$101K5x
Kraken Futures PF_SWARMSUSD+1.3820%1h0.008248+0.482%$9K$9010xas long as short