Funding you earn now, next payment 06:00 UTC−0.0358%/8h= −39.2% APRpaid last 24h +0.009%
Price spread now: Extended against KuCoin−0.050%7-day average +0.248% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,612as in the Price arb table
costs, in and out, $10k−$1,58215.825% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.050%, 7d avg +0.248%
=Together, before fees+0.537%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Extended is 0.298% cheaper against KuCoin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.248%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.283%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SWARMSUSDTM | 0.008267 | 0.1254 | pay 0.0627% / 4h | 2h 11m | $775K | $119K | 20x |
| Short | Extended SWARMS-USD | 0.008263 | 0.0896 | get 0.0112% / 1h | 11m 39s | $10K | $213K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- −$75.18
- Price spread: −0.050% → +0.248%
- −$29.83
- Slippage, 4 orders
- −$1,565.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$1,687.46
- Costs to cover
- 15.825%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; Extended: live order book, 35 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 KuCoin live order book, 63 min ago | 16.30 bp | 623.6 bp −$624 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 35 min ago | 7.21 bp | 70.6 bp −$71 | 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 | 0.008239 | −0.339% | $947K | $109K | 10x | as long as short |
| BingX SWARMS-USDT | +0.0830% | 4h | 0.008259 | −0.097% | — | $6.5M | — | as long as short |
| BloFin SWARMS-USDT | +0.0855% | 4h | 0.008278 | +0.133% | $229K | $8K | 20x | as long as short |
| MEXC SWARMS_USDT | +0.0872% | 4h | 0.008269 | +0.024% | $154K | $99K | 100x | as long as short |
| Binance SWARMSUSDT | +0.0894% | 4h | 0.008268 | +0.012% | $3.6M | $3.4M | 20x | as long as short |
| Extended SWARMS-USDshort | +0.0896% | 1h | 0.008263 | −0.050% | $10K | $213K | 5x | |
| KuCoin SWARMSUSDTMlong | +0.1254% | 4h | 0.008267 | long leg | $775K | $119K | 20x | |
| Aster SWARMSUSDT | +0.1384% | 4h | 0.008248 | −0.230% | $31K | $101K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3088% | 1h | 0.008329 | +0.746% | $9K | $134 | 10x | as long as short |
KuCoin SWARMSUSDTM
Extended SWARMS-USD
Gate SWARMS_USDT
BingX SWARMS-USDT
BloFin SWARMS-USDT
MEXC SWARMS_USDT
Binance SWARMSUSDT
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD