Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.003%

Price spread now: tradeXYZ against KuCoin+0.066%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$337as in the Funding arb table

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3413.407% of the position

Long on KuCoin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.066%, 7d avg −0.030%

Together, before fees−0.150%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.095% dearer against KuCoin than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of −0.030%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMATUSDTM	470.13	0.0100	pay 0.0100% / 8h	4h 33m	$413K	$509K	20x
Short	tradeXYZ xyz:AMAT	470.44	0.0050	get 0.0006% / 1h	33m 57s	$2.6M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$10.5
Price spread: +0.066% → −0.030%: $9.55
Slippage, 4 orders: −$310.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$341.68
Costs to cover: 3.407%
Break-even: never at this rate

Slippage from KuCoin: live order book, 49 min ago; tradeXYZ: live order book, 4 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, 49 min ago	7.56 bp	162.7 bp −$163	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	1.81 bp	13.1 bp −$13	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
Aster AMATUSDT	0.0000%	8h	470.43	+0.063%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.44	+0.066%	$898K	$656K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	471.23	+0.234%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.68	+0.117%	$2.1M	$1.7M	20x	as long as short
Variational Omni AMAT	0.0000%	8h	470.49	+0.076%	$66K	$44K	—	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	470.64	+0.108%	$852	$101K	10x	as long as short
BloFin AMAT-USDT	+0.0020%	8h	470.56	+0.091%	$110K	$94K	20x	as long as short
Binance AMATUSDT	+0.0039%	8h	470.52	+0.083%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0040%	1h	470.37	+0.052%	$5K	$27K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.43	+0.064%	—	—	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:AMATshort	+0.0050%	1h	470.44	+0.066%	$2.6M	$2.2M	10x
KuCoin AMATUSDTMlong	+0.0100%	8h	470.13	long leg	$413K	$509K	20x
SunX AMAT-USDT	+0.0100%	8h	470.40	+0.057%	$908	$363K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	471.54	+0.300%	$171K	$39K	20x	as long as short
Phoenix AMAT	+0.0221%	1h	470.69	+0.119%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0420%	8h	470.40	+0.057%	$1.7M	$6.3M	50x	as long as short