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+0.0600%/8h= +65.7% APRnext payment +$3.00 per $10,000 · paid last 24h +0.129%
Price spread now: KuCoin against SunX−0.050%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 4 days (all we have)−0.117%−$12 · spread now −0.050%, 7d avg +0.037%
Together, before fees+0.876%+$88 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.087% cheaper against SunX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$18 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020150.0100pay 0.0050% / 4h1h 30m$1K$1.3M20x
ShortKuCoin 4USDTM0.020140.0700get 0.0350% / 4h1h 30m$849K$12.6M20x

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
$126
Price spread: −0.050% → +0.037%
−$8.7
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$97.3
Costs to cover
0.200%
Break-even
1.6 days
Slippage unknown: SunX: live order book, 3 min ago; KuCoin: live order book, 8 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, 3 min ago484.86 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 8 min ago4.95 bp44.4 bp −$44doesn'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%4h0.02011−0.207%$45K$9Kas long as short
SunX 4-USDTlong+0.0100%4h0.02015long leg$1K$1.3M20x
Bybit 4USDT+0.0149%4h0.02011−0.194%$2.6M$1.9M5xas long as short
Gate 4_USDT+0.0332%4h0.02016+0.035%$539K$282K20xas long as short
MEXC 4_USDT+0.0344%4h0.02014−0.050%$1.6M$913K100xas long as short
Aster 4USDT+0.0345%4h0.02013−0.112%$242K$114K5xas long as short
Binance 4USDT+0.0346%4h0.02016+0.035%$7.8M$12.6M20xas long as short
BingX 4-USDT+0.0356%4h0.02013−0.099%$1.4Mas long as short
KuCoin 4USDTMshort+0.0700%4h0.02014−0.050%$849K$12.6M20x