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

YB

all YB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.225%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,685as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,670as in the Price arb table
costs, in and out, $10k−$2,68826.877% 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)−0.153%−$15 · spread now +0.225%, 7d avg +0.051%
Together, before fees−0.123%−$12 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: Bitget is 0.174% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin YBUSDTM0.088800.0100pay 0.0050% / 4h1h 15m$182K$16K20x
ShortBitget YBUSDT0.089000.0100get 0.0050% / 4h1h 15m$543K$31K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: +0.225% → +0.051%
$17.41
Slippage, 4 orders
−$2,663.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$2,670.26
Costs to cover
26.877%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 45 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 KuCoin live order book, 5 min ago90.19 bp1064.9 bp −$1,065doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 45 min ago16.97 bp127.0 bp −$127565.1 bp −$5,651doesn'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
BloFin YB-USDT+0.0046%4h0.08914+0.383%$102K$9K20xas long as short
Aster YBUSDT+0.0100%4h0.08882+0.023%$7K$2K5xas long as short
Binance YBUSDT+0.0100%4h0.08909+0.322%$2.0M$927K20xas long as short
Bybit YBUSDT+0.0100%4h0.08891+0.124%$588K$61K25xas long as short
OKX YB-USDT-SWAP+0.0100%4h0.08891+0.124%$402K$155K20xas long as short
Gate YB_USDT+0.0100%4h0.08910+0.338%$102K$18K20xas long as short
MEXC YB_USDT+0.0100%4h0.08890+0.113%$632K$112K50xas long as short
KuCoin YBUSDTMlong+0.0100%4h0.08880long leg$182K$16K20x
Bitget YBUSDTshort+0.0100%4h0.08900+0.225%$543K$31K10x
BingX YB-USDT+0.0100%4h0.08895+0.169%$6.5Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni YB+0.0100%4h0.08902+0.251%$910$2Kas long as short
SunX YB-USDT+0.0100%4h0.09090+2.365%$1K$1.2M20xas long as short