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

USTC

all USTC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.068%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1291.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.068%, 7d avg +0.069%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USTCUSDT0.0058660.0100pay 0.0050% / 4h1h 44m$1.2M$2.8M50x
ShortBitget USTCUSDT0.0058700.0100get 0.0050% / 4h1h 44m$223K$130K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: +0.068% → +0.069%
−$0.05
Slippage, 4 orders
−$106.76
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.81
Costs to cover
1.288%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 30 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 Binance live order book, 6 min ago3.42 bp27.2 bp −$27144.4 bp −$1,444doesn't fitdoesn't fit
Sell Bitget live order book, 30 min ago9.39 bp29.9 bp −$30116.2 bp −$1,162doesn't fitdoesn't fit

USTC on 7 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
Binance USTCUSDTlong+0.0100%4h0.005866long leg$1.2M$2.8M50x
Bybit USTCUSDT+0.0100%4h0.005870+0.068%$366K$251K20xas long as short
Gate USTC_USDT+0.0100%4h0.005865−0.017%$70K$81K25xas long as short
MEXC USTC_USDT+0.0100%4h0.005868+0.034%$580K$171K100xas long as short
KuCoin USTCUSDTM+0.0100%4h0.005863−0.058%$518K$56K30xas long as short
Bitget USTCUSDTshort+0.0100%4h0.005870+0.068%$223K$130K50x
Variational Omni USTC+0.0100%4h0.005858−0.129%$3K$2Kas long as short