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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against KuCoin+0.048%7-day average +0.049% · 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 days+0.190%+$19 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.048%, 7d avg +0.049%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TOWNSUSDTM0.0020770.0294pay 0.0147% / 4h1h 31m$248K$31K10x
ShortBingX TOWNS-USDT0.0020780.0382get 0.0191% / 4h1h 31m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$18.48
Price spread: +0.048% → +0.049%
−$0.07
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$3.59
Costs to cover
0.220%
Break-even
8.4 days
Slippage unknown: KuCoin: live order book, 64 min ago; BingX: live order book, 2 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 KuCoin live order book, 64 min ago24.26 bp842.8 bp −$843doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago9.64 bp51.1 bp −$51135.5 bp −$1,3551345.8 bp −$134.6Kdoesn't fit

TOWNS on 12 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
Aster TOWNSUSDT+0.0100%4h0.002077+0.020%$10K$6K5xas long as short
Bybit TOWNSUSDT+0.0100%4h0.0020770.000%$375K$115K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.002075−0.096%$71K$20K10xas long as short
Variational Omni TOWNS+0.0100%4h0.002071−0.308%$194$555as long as short
BloFin TOWNS-USDT+0.0109%4h0.002074−0.144%$132K$5K10xas long as short
Binance TOWNSUSDT+0.0138%4h0.002076−0.047%$2.0M$1.3M10xas long as short
MEXC TOWNS_USDT+0.0146%4h0.0020770.000%$402K$121K100xas long as short
KuCoin TOWNSUSDTMlong+0.0294%4h0.002077long leg$248K$31K10x
Bitget TOWNSUSDT+0.0356%4h0.002078+0.048%$340K$47K5xas long as short
BingX TOWNS-USDTshort+0.0382%4h0.002078+0.048%$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTX+0.1192%1h0.002074−0.144%$77K$4K25xas long as short
Deribit TOWNS_USDC-PERPETUAL+0.1194%1h0.002080+0.144%25xas long as short