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

TENCENT

RWAall TENCENT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.023%
Price spread now: Aster against KuCoin+0.489%7-day average · you sell dearer than you buy
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+0.141%+$14 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.489% dearer against KuCoin than usual: you sell high and buy low (spread +0.489% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 7 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TENCENTUSDTM57.2100.0100pay 0.0050% / 4h3h 26m$120K$721K20x
ShortAster TENCENTUSDT57.4900.0008get 0.0008% / 8h7h 26m$44K$12K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
−$19.22
Price spread: +0.489% → 0.000%
$48.91
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$9.69
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 18 min ago; Aster: no order-book sample. 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 KuCoin live order book, 18 min ago13.09 bp381.2 bp −$381doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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.

TENCENT 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
Bybit TENCENTUSDT0.0000%8h57.390+0.315%$250K$171K25xas long as short
Gate TENCENT_USDT0.0000%8h57.430+0.385%$1.7M$648K25xas long as short
Bitget TENCENTUSDT0.0000%8h57.430+0.385%$1.2M$1.6M20xas long as short
HTX TENCENT-USDT0.0000%4h57.510+0.524%$10K$46K10xas long as short
Aster TENCENTUSDTshort+0.0008%8h57.490+0.489%$44K$12K20x
Binance TENCENTUSDT+0.0019%4h57.440+0.402%$2.9M$5.1M25xas long as short
Lighter TENCENT+0.0032%1h57.774+0.986%$62K$9K10xas long as short
KuCoin TENCENTUSDTMlong+0.0100%4h57.210long leg$120K$721K20x
edgeX TENCENTUSDC+0.0982%4h57.373+0.284%$118K$215K10xas long as short