Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27.613 | +0.0100 | pay 0.0050% / 4h | 2m 18s | $1.9M | $859K | 20x | Long KuCoin | |
| SHORT | 27.690 | +0.0447 | get 0.0040% / 43m | 17m 18s | $10K | $164K | 3x | Short Perpl |
Price gap+0.278%
Funding gap+0.0347% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.259% above its 7d average: +$26 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11+0.0347% /8h now · paid −0.106% over the last 7D
Price+$26spread +0.278% now, avg +0.019% → +0.259% if it goes back
Costsno datano order book for Perpl
Result, before costs+$15+0.15%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.106% in total, about −0.0050%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.278%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$500 + $3,333KuCoin 20x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$10.60Long KuCoin: 6 payments, −$3.00; short Perpl: 34 payments, +$13.60.
- OK: Entry gap works for you+0.278% vs +0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$10K vs $1.9M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · Perpl NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0050%/8h × 21 periods−$10.59
Price spread+0.278% → +0.019% (7d avg)+$25.93
Slippage, 4 ordersno data for Perpl—
Fee KuCoin bp × 2 orders−$12.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k−$3.56
Costs to cover0.189%Break-evenfrom the start
Slippage: KuCoin: live order book, 8 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin13.5531.8 bp−$32393.6 bp−$3,936doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
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| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
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