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

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0233%/8h= +25.5% APRpaid last 24h +0.079%
Price spread now: Deribit against KuCoin−0.022%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Deribit is 0.022% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BEUSDTM274.750.0100pay 0.0100% / 8h7h 53m$371K$22K20x
ShortDeribit BE_USDC-PERPETUAL274.690.0333get 0.0042% / 1h53m 24s$7K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$48.89
Price spread: −0.022% → 0.000%
−$2.18
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$27.71
Costs to cover
0.190%
Break-even
3.0 days
Slippage unknown: KuCoin: live order book, 68 min ago; Deribit: no order-book sample. Net counts fees only.

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, 68 min ago17.20 bp94.8 bp −$95doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BE on 21 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 BEUSDT0.0000%8h274.63−0.045%$346K$119K20xas long as short
Gate BE_USDT0.0000%8h274.60−0.055%$1.5M$3.4M50xas long as short
Bitget BEUSDT0.0000%8h274.76+0.004%$1.7M$2.6M20xas long as short
SunX BE-USDT0.0000%8h275.30+0.200%$1K$2.5M10xas long as short
HTX BE-USDT0.0000%8h275.05+0.109%$13K$33K20xas long as short
Lighter BE+0.0032%1h274.66−0.033%10xas long as short
Lighter RH BE+0.0032%1h274.83+0.029%$251K$299K10xas long as short
QFEX BE-USD+0.0037%1h274.81+0.022%$1.3M$3.8M10xas long as short
Arcus BE-USD+0.0040%1h274.47−0.102%$115K$116K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.750.000%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BEUSDT+0.0094%8h274.88+0.047%$8.5M$36.6M25xas long as short
Extended BE-USD+0.0096%1h274.76+0.003%$46K$266K10xas long as short
KuCoin BEUSDTMlong+0.0100%8h274.75long leg$371K$22K20x
Aevo BE-PERP+0.0104%1h274.31−0.160%10xas long as short
Bybit BEUSDT+0.0111%8h274.71−0.015%$2.0M$1.2M25xas long as short
Coinbase International BE-PERP-INTX+0.0128%1h273.32−0.520%$467K$112K10xas long as short
BloFin BE-USDT+0.0211%8h274.86+0.040%$45K$142K20xas long as short
OKX BE-USDT-SWAP+0.0255%8h274.85+0.036%$2.6M$6.8M25xas long as short
Deribit BE_USDC-PERPETUALshort+0.0333%1h274.69−0.022%$7K$4K10x
GRVT BE_USDT_Perp+0.0488%8h274.84+0.032%$6K$182K10xas long as short
tradeXYZ xyz:BE+0.0719%1h274.64−0.040%$5.9M$2.9M10xas long as short