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

INFQ

RWAall INFQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.6% APRnext payment +$1.97 per $10,000 · paid last 24h +0.226%
Price spread now: KuCoin against Bitget−0.072%7-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 7 days−0.218%−$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.072% cheaper against Bitget than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 29 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.218%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget INFQUSDT13.9800get 0.0000% / 8h3h 24m$97K$73K20x
ShortKuCoin INFQUSDTM13.9700.0197get 0.0197% / 8h3h 24m$139K$97K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$41.37
Price spread: −0.072% → 0.000%
−$7.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$10.22
Costs to cover
0.240%
Break-even
5.3 days
Slippage unknown: Bitget: no order-book sample; KuCoin: live order book, 40 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 Bitget no order-book sample
Sell KuCoin live order book, 40 min ago17.77 bp408.2 bp −$408doesn't fitdoesn't fitdoesn't fit
Bitget: 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.

INFQ on 6 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
Bybit INFQUSDT0.0000%8h13.900−0.572%$76K$45K25xas long as short
OKX INFQ-USDT-SWAP0.0000%8h13.943−0.265%$139K$80K10xas long as short
Gate INFQ_USDT0.0000%8h13.970−0.072%$41K$8K20xas long as short
Bitget INFQUSDTlong0.0000%8h13.980long leg$97K$73K20x
HTX INFQ-USDT+0.0100%8h14.020+0.286%$1K$276K20xas long as short
KuCoin INFQUSDTMshort+0.0197%8h13.970−0.072%$139K$97K20x