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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0470%/8h= −51.5% APRnext payment $2.35 per $10,000 · paid last 24h −0.129%
Price spread now: SunX against KuCoin−0.099%7-day average −0.037% · 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−0.993%−$99 on $10k
Price spread, last 3 days (all we have)−0.160%−$16 · spread now −0.099%, 7d avg −0.037%
Together, before fees−1.152%−$115 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.020230.0570pay 0.0285% / 4h2h 39m$876K$12.7M20x
ShortSunX 4-USDT0.020210.0100get 0.0050% / 4h2h 39m$2K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$98.7
Price spread: −0.099% → −0.037%
−$6.17
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$124.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; SunX: live order book, 4 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 KuCoin live order book, 4 min ago9.63 bp388.5 bp −$388doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago518.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 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
Variational Omni 4+0.0100%4h0.02036+0.647%$47K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.02021−0.099%$2K$1.2M20x
Gate 4_USDT+0.0144%4h0.02024+0.054%$544K$269K20xas long as short
Bybit 4USDT+0.0195%4h0.02023+0.010%$2.6M$1.9M5xas long as short
Aster 4USDT+0.0373%4h0.02020−0.136%$236K$112K5xas long as short
Binance 4USDT+0.0530%4h0.02024+0.038%$7.8M$12.2M20xas long as short
MEXC 4_USDT+0.0534%4h0.02024+0.049%$1.5M$897K100xas long as short
BingX 4-USDT+0.0548%4h0.02025+0.114%$1.4Mas long as short
KuCoin 4USDTMlong+0.0570%4h0.02023long leg$876K$12.7M20x