Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.256%
Price spread now: tradeXYZ against KuCoin−0.096%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$665as in the Funding arb table
Net, price: spread back to 7d avg − costs−$682as in the Price arb table
costs, in and out, $10k−$6776.766% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.096%, 7d avg −0.047%
=Together, before fees+0.116%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.047%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BOTUSDTM | 29.080 | −0.0886 | get 0.0886% / 8h | 7m 26s | $93K | $419K | 20x |
| Short | tradeXYZ xyz:BOT | 29.052 | −0.0971 | pay 0.0121% / 1h | 7m 26s | $3.0M | $793K | 10x |
KuCoin BOTUSDTM
tradeXYZ xyz:BOTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$17.85
- Price spread: −0.096% → −0.047%
- −$4.89
- Slippage, 4 orders
- −$646.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$699.38
- Costs to cover
- 6.766%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; tradeXYZ: live order book, 11 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, 26 min ago | 17.19 bp | 313.7 bp −$314 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.34 bp | 21.6 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1833% | 8h | 29.130 | +0.172% | $232K | $221K | 20x | as long as short |
| tradeXYZ xyz:BOTshort | −0.0971% | 1h | 29.052 | −0.096% | $3.0M | $793K | 10x | |
| KuCoin BOTUSDTMlong | −0.0886% | 8h | 29.080 | long leg | $93K | $419K | 20x | |
| Binance BOTUSDT | −0.0693% | 8h | 29.090 | +0.034% | $457K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0594% | 8h | 29.081 | +0.005% | $33K | $16K | — | as long as short |
| Bitget BOTUSDT | −0.0113% | 8h | 29.170 | +0.309% | $242K | $130K | 5x | as long as short |
| QFEX BOT-USD | −0.0012% | 1h | 29.080 | 0.000% | $1.2M | $483K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.040 | −0.138% | $510K | $574K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.130 | +0.172% | $250K | $231K | 20x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.294 | +0.736% | $67K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
Binance BOTUSDT
Variational Omni BOT
Bitget BOTUSDT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.040 | −0.138% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.098 | +0.062% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT