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

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.021%
Price spread now: KuCoin against QFEX−0.035%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$742as in the Price arb table
costs, in and out, $10k−$7437.427% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.098%+$10 on $10k
Price spread, last 7 days−0.158%−$16 · spread now −0.035%, 7d avg −0.046%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COST-USD898.510.0009pay 0.0001% / 1h16m 06s$1.1M$3.0M10x
ShortKuCoin COSTUSDTM898.200.0100get 0.0100% / 8h6h 16m$47K$868K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against QFEX. 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
$19.17
Price spread: −0.035% → −0.046%
$1.12
Slippage, 4 orders
−$720.73
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$722.44
Costs to cover
7.427%
Break-even
270.8 days
Slippage from QFEX: live order book, 7 min ago; KuCoin: live order book, 33 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 QFEX live order book, 7 min ago1.67 bp7.3 bp −$713.7 bp −$137doesn't fitdoesn't fit
Sell KuCoin live order book, 33 min ago56.05 bp383.3 bp −$383doesn't fitdoesn't fitdoesn't fit

COST on 15 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 COSTUSDT0.0000%8h898.87+0.040%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.07+0.062%$491K$218K25xas long as short
OKX COST-USDT-SWAP0.0000%8h898.88+0.041%$444K$107K10xas long as short
Gate COST_USDT0.0000%8h899.17+0.073%$520K$8K25xas long as short
Bitget COSTUSDT0.0000%8h898.70+0.021%$403K$111K25xas long as short
SunX COST-USDT0.0000%8h898.10−0.046%$2K$3.0M10xas long as short
HTX COST-USDT0.0000%8h900.99+0.276%$10K$42K10xas long as short
QFEX COST-USDlong+0.0009%1h898.51long leg$1.1M$3.0M10x
Injective COST/USDC PERP+0.0033%1h891.98−0.727%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.029%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.38−0.014%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.56+0.006%$1.8M$514K20xas long as short
KuCoin COSTUSDTMshort+0.0100%8h898.20−0.035%$47K$868K20x
Variational Omni COST+0.0160%8h898.71+0.022%$42K$17Kas long as short
Binance COSTUSDT+0.0297%8h898.88+0.041%$1.1M$936K20xas long as short