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

INTW

RWAall INTW markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against MEXC+0.031%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$361as in the Price arb table
costs, in and out, $10k−$3643.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.031%, 7d avg 0.000%
Together, before fees+0.196%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.032% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC INTW_USDT32.0000get 0.0000% / 8h57m 42s$1.3M$412K50x
ShortKuCoin INTWUSDTM32.0100.0100get 0.0100% / 8h57m 42s$59K$110K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.031% → 0.000%
$3.17
Slippage, 4 orders
−$352.01
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$339.84
Costs to cover
3.640%
Break-even
120.3 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 36 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 MEXC live order book, 4 min ago7.78 bp7.8 bp −$814.9 bp −$149165.6 bp −$16.6K290.4 bp −$145.2K
Sell KuCoin live order book, 36 min ago20.51 bp145.2 bp −$145doesn't fitdoesn't fitdoesn't fit

INTW on 8 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
Bitget INTWUSDT−0.1884%8h32.031+0.097%$264K$1.6M20xas long as short
Binance INTWUSDT0.0000%8h32.027+0.083%$3.1M$35.0M25xas long as short
Bybit INTWUSDT0.0000%8h32.020+0.063%$718K$1.2M25xas long as short
OKX INTW-USDT-SWAP0.0000%8h32.020+0.063%$305K$2.5M25xas long as short
Gate INTW_USDT0.0000%8h32.0000.000%$490K$2.0M25xas long as short
MEXC INTW_USDTlong0.0000%8h32.000long leg$1.3M$412K50x
HTX INTW-USDT0.0000%8h32.160+0.500%$10K$8K10xas long as short
KuCoin INTWUSDTMshort+0.0100%8h32.010+0.031%$59K$110K20x