Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against KuCoin+0.120%7-day average +0.222% · you sell dearer than you buy

Net, funding: paid 7d − costs−$474as in the Funding arb table

Net, price: spread back to 7d avg − costs−$483as in the Price arb table

costs, in and out, $10k−$4734.731% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.120%, 7d avg +0.222%

Together, before fees−0.024%−$2 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: HTX is 0.102% cheaper against KuCoin than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.222%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMATUSDTM	458.61	0.0100	pay 0.0100% / 8h	6h 56m	$393K	$619K	20x
Short	HTX AMAT-USDT	459.16	0.0100	get 0.0100% / 8h	6h 56m	$167K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee KuCoinbpFee HTXbpOrdersPrice spread, now +0.120%Rate

Funding earned: $0
Price spread: +0.120% → +0.222%: −$10.17
Slippage, 4 orders: −$449.09
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$483.26
Costs to cover: 4.731%
Break-even: never at this rate

Slippage from KuCoin: live order book, 27 min ago; HTX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 27 min ago	12.54 bp	198.8 bp −$199	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 35 min ago	24.76 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AMATUSDT	−0.0280%	8h	459.53	+0.201%	$1.9M	$1.9M	20x	as long as short
BloFin AMAT-USDT	−0.0015%	8h	458.61	0.000%	$108K	$124K	20x	as long as short
Aster AMATUSDT	0.0000%	8h	458.59	−0.005%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	459.06	+0.098%	$1K	$14K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	459.17	+0.122%	$8.3M	$14.6M	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	459.02	+0.089%	$816K	$690K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	459.56	+0.207%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	459.20	+0.129%	$1.4M	$4.9M	50x	as long as short
Variational Omni AMAT	0.0000%	8h	458.45	−0.036%	$56K	$43K	—	as long as short
tradeXYZ xyz:AMAT	+0.0036%	1h	459.00	+0.085%	$2.1M	$2.7M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	458.57	−0.009%	—	—	10x	as long as short
KuCoin AMATUSDTMlong	+0.0100%	8h	458.61	long leg	$393K	$619K	20x
SunX AMAT-USDT	+0.0100%	8h	458.84	+0.050%	$1K	$372K	10x	as long as short
HTX AMAT-USDTshort	+0.0100%	8h	459.16	+0.120%	$167K	$40K	20x
Phoenix AMAT	+0.0122%	1h	458.77	+0.035%	$18K	$116K	10x	as long as short
GRVT AMAT_USDT_Perp	+0.0295%	8h	459.13	+0.114%	$647	$108K	10x	as long as short