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

HD

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.104%7-day average −0.045% · 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 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.104%, 7d avg −0.045%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.059% cheaper against SunX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.045%). If the spread goes back, that is −$6 on $10k: about 47 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.010% in total) that is about 43 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX HD-USDT297.680get 0.0000% / 8h7h 44m$777$722K10x
ShortKuCoin HDUSDTM297.370.0100get 0.0100% / 8h7h 44m$120K$728K20x

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

Funding earned
$21
Price spread: −0.104% → −0.045%
−$5.93
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$4.93
Costs to cover
0.200%
Break-even
8.6 days
Slippage unknown: SunX: live order book, 68 min ago; KuCoin: live order book, 50 min ago. 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 SunX live order book, 68 min ago500.18 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago42.38 bp592.1 bp −$592doesn't fitdoesn't fitdoesn't fit

HD on 9 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 HDUSDT0.0000%8h297.78+0.035%$3K$29220xas long as short
Binance HDUSDT0.0000%8h297.65−0.010%$350K$279K20xas long as short
Bybit HDUSDT0.0000%8h297.89+0.071%$58K$2K25xas long as short
Gate HD_USDT0.0000%8h297.50−0.060%$128K$2K20xas long as short
Variational Omni HD0.0000%8h297.93+0.083%$40K$47Kas long as short
GRVT HD_USDT_Perp0.0000%8h297.85+0.057%$614$94K10xas long as short
SunX HD-USDTlong0.0000%8h297.68long leg$777$722K10x
HTX HD-USDT0.0000%8h297.79+0.037%$5K$14K10xas long as short
KuCoin HDUSDTMshort+0.0100%8h297.37−0.104%$120K$728K20x