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

YB

all YB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.121%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,239as in the Price arb table
costs, in and out, $10k−$2,25322.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.121%, 7d avg −0.014%
Together, before fees−0.343%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.135% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX YB-USDT0.090890.0100pay 0.0050% / 4h3h 12m$6.5M
ShortKuCoin YBUSDTM0.091000.0100get 0.0050% / 4h3h 12m$192K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.121% → −0.014%
$13.52
Slippage, 4 orders
−$2,230.62
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,239.1
Costs to cover
22.526%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 8 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 BingX live order book, 8 min ago7.67 bp68.3 bp −$68244.8 bp −$2,448doesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago38.36 bp949.0 bp −$949doesn't fitdoesn't fitdoesn't fit

YB 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 YBUSDT+0.0100%4h0.09090+0.007%$7K$2K5xas long as short
Binance YBUSDT+0.0100%4h0.09087−0.025%$2.1M$1.2M20xas long as short
Bybit YBUSDT+0.0100%4h0.09085−0.044%$599K$111K25xas long as short
OKX YB-USDT-SWAP+0.0100%4h0.09082−0.077%$421K$232K20xas long as short
Gate YB_USDT+0.0100%4h0.09090+0.011%$104K$23K20xas long as short
MEXC YB_USDT+0.0100%4h0.09080−0.099%$630K$126K50xas long as short
KuCoin YBUSDTMshort+0.0100%4h0.09100+0.121%$192K$52K20x
Bitget YBUSDT+0.0100%4h0.09093+0.044%$554K$26K10xas long as short
BingX YB-USDTlong+0.0100%4h0.09089long leg$6.5M
Variational Omni YB+0.0100%4h0.09085−0.042%$3K$3Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX YB-USDT+0.0100%4h0.09300+2.321%$2K$1.4M20xas long as short
BloFin YB-USDT+0.0160%4h0.09106+0.187%$104K$13K20xas long as short