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

TUT

all TUT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0272%/8h= +29.7% APRnext payment +$1.36 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Aster+0.128%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3453.453% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.662%+$66 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.128%, 7d avg +0.086%
Together, before fees+0.508%+ Points / potential airdropAster: Stage 5 · farm board+$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and KuCoin is 0.041% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.086%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster TUTUSDT0.02277−0.0172get 0.0086% / 4h2h 22m$241K$50K10x
ShortKuCoin TUTUSDTM0.022800.0100get 0.0050% / 4h2h 22m$1.8M$599K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$57.02
Price spread: +0.128% → +0.086%
$4.12
Slippage, 4 orders
−$325.33
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$284.19
Costs to cover
3.453%
Break-even
41.9 days
Slippage from Aster: live order book, 24 min ago; KuCoin: live order book, 3 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 Aster live order book, 24 min ago8.72 bp32.6 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.42 bp183.3 bp −$183doesn't fitdoesn't fitdoesn't fit

TUT on 10 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 TUTUSDTlong−0.0172%4h0.02277long leg$241K$50K10x
Binance TUTUSDT+0.0100%4h0.02279+0.095%$6.7M$13.4M10xas long as short
Bybit TUTUSDT+0.0100%4h0.02280+0.132%$1.5M$1.2M5xas long as short
Gate TUT_USDT+0.0100%4h0.02279+0.079%$687K$813K10xas long as short
MEXC TUT_USDT+0.0100%4h0.02281+0.171%$2.2M$623K100xas long as short
KuCoin TUTUSDTMshort+0.0100%4h0.02280+0.128%$1.8M$599K10x
Bitget TUTUSDT+0.0100%4h0.02280+0.128%$6.3M$1.7M10xas long as short
BingX TUT-USDT+0.0100%4h0.02280+0.128%$2.3Mas long as short
HTX TUT-USDT+0.0100%4h0.02262−0.663%$40K$231K10xas long as short
Extended TUT-USD+0.0104%1h0.02279+0.101%$4095xas long as short