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

TOWNS

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0901%/8h= +98.7% APRpaid last 24h
Price spread now: Deribit against KuCoin+0.145%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 7 daysno 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 +$27 a day on $10k at the current rate, and Deribit is 0.145% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TOWNSUSDTM0.0020680.0784pay 0.0392% / 4h2h 21m$247K$31K10x
ShortDeribit TOWNS_USDC-PERPETUAL0.0020710.1685get 0.0211% / 1h21m 42s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$189.25
Price spread: +0.145% → 0.000%
$14.51
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$184.75
Costs to cover
0.190%
Break-even
0.2 days
Slippage unknown: KuCoin: live order book, 14 min ago; Deribit: 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 KuCoin live order book, 14 min ago24.26 bp842.8 bp −$843doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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.

TOWNS on 11 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
Bybit TOWNSUSDT+0.0100%4h0.002066−0.097%$372K$115K5xas long as short
Gate TOWNS_USDT+0.0100%4h0.0020680.000%$70K$20K10xas long as short
Variational Omni TOWNS+0.0100%4h0.002073+0.249%$194$555as long as short
Aster TOWNSUSDT+0.0178%4h0.002069+0.069%$10K$6K5xas long as short
MEXC TOWNS_USDT+0.0324%4h0.002066−0.097%$396K$126K100xas long as short
Binance TOWNSUSDT+0.0324%4h0.002065−0.122%$2.0M$1.3M10xas long as short
Coinbase International TOWNS-PERP-INTX+0.0392%1h0.002171+4.981%$81K$4K25xas long as short
BingX TOWNS-USDT+0.0590%4h0.0020680.000%$2.3Mas long as short
Bitget TOWNSUSDT+0.0602%4h0.0020680.000%$339K$48K5xas long as short
KuCoin TOWNSUSDTMlong+0.0784%4h0.002068long leg$247K$31K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit TOWNS_USDC-PERPETUALshort+0.1685%1h0.002071+0.145%25x