Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: KuCoin against SunX−0.041%7-day average −0.014% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.041%, 7d avg −0.014%

Together, before fees+0.055%+$6 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 0.027% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AMAT-USDT	466.32	0.0100	pay 0.0100% / 8h	18m 01s	$1K	$379K	10x
Short	KuCoin AMATUSDTM	466.13	0.0100	get 0.0100% / 8h	18m 01s	$406K	$429K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.014%: −$2.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$22.67
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 43 min ago; KuCoin: live order book, 44 min ago. Net counts fees only.

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 SunX live order book, 43 min ago	500.07 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 44 min ago	6.66 bp	180.4 bp −$180	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	466.78	+0.098%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	466.44	+0.026%	$928K	$618K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	466.89	+0.122%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	466.70	+0.081%	$2.0M	$6.4M	50x	as long as short
Bitget AMATUSDT	0.0000%	8h	466.61	+0.062%	$2.1M	$1.7M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	466.41	+0.019%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0072%	1h	466.50	+0.039%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTMshort	+0.0100%	8h	466.13	−0.041%	$406K	$429K	20x
SunX AMAT-USDTlong	+0.0100%	8h	466.32	long leg	$1K	$379K	10x
HTX AMAT-USDT	+0.0100%	8h	467.84	+0.326%	$170K	$40K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMAT	+0.0323%	8h	466.45	+0.028%	$86K	$24K	—	as long as short
Phoenix AMAT	+0.0360%	1h	466.60	+0.060%	$19K	$131K	10x	as long as short
Extended AMAT-USD	+0.0424%	1h	466.46	+0.030%	$5K	$27K	10x	as long as short
Binance AMATUSDT	+0.0425%	8h	466.55	+0.049%	$8.9M	$12.7M	20x	as long as short
BloFin AMAT-USDT	+0.0434%	8h	466.68	+0.077%	$109K	$80K	20x	as long as short
GRVT AMAT_USDT_Perp	+0.0627%	8h	466.66	+0.074%	$247	$100K	10x	as long as short