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

BE

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h 0.000%
Price spread now: KuCoin against tradeXYZ+0.036%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1981.977% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.036%, 7d avg +0.024%
Together, before fees+0.150%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BE274.800.0050pay 0.0006% / 1h51m 11s$5.9M$2.8M10x
ShortKuCoin BEUSDTM274.900.0100get 0.0100% / 8h5h 51m$371K$22K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against tradeXYZ. 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
$10.5
Price spread: +0.036% → +0.024%
$1.26
Slippage, 4 orders
−$167.72
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$185.95
Costs to cover
1.977%
Break-even
131.0 days
Slippage from tradeXYZ: live order book, 7 min ago; KuCoin: live order book, 46 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 tradeXYZ live order book, 7 min ago0.91 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 46 min ago18.84 bp94.6 bp −$95doesn't fitdoesn't fitdoesn't fit

BE on 20 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%8h274.71−0.032%$346K$119K20xas long as short
Bybit BEUSDT0.0000%8h275.18+0.138%$2.0M$1.1M25xas long as short
Gate BE_USDT0.0000%8h274.70−0.036%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h274.88+0.029%$1.7M$2.6M20xas long as short
GRVT BE_USDT_Perp0.0000%8h274.99+0.068%$7K$166K10xas long as short
SunX BE-USDT0.0000%8h275.00+0.073%$1K$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.04+0.087%$13K$34K20xas long as short
QFEX BE-USD+0.0012%1h274.97+0.062%$1.3M$3.0M10xas long as short
Coinbase International BE-PERP-INTX+0.0016%1h273.08−0.626%$473K$130K10xas long as short
Lighter BE+0.0032%1h274.84+0.015%10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH BE+0.0032%1h274.97+0.062%$251K$289K10xas long as short
Arcus BE-USD+0.0040%1h274.73−0.025%$115K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.92+0.044%10xas long as short
tradeXYZ xyz:BElong+0.0050%1h274.80long leg$5.9M$2.8M10x
Binance BEUSDT+0.0084%8h275.10+0.109%$8.4M$36.1M25xas long as short
Extended BE-USD+0.0088%1h274.98+0.065%$46K$262K10xas long as short
KuCoin BEUSDTMshort+0.0100%8h274.90+0.036%$371K$22K20x
Aevo BE-PERP+0.0104%1h275.00+0.071%10xas long as short
OKX BE-USDT-SWAP+0.0141%8h275.00+0.073%$2.6M$6.7M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0478%1h275.07+0.098%$7K$4K10xas long as short