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

AEON

all AEON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0196%/8h= −21.5% APRnext payment $0.98 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against KuCoin−0.018%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,209as in the Price arb table
costs, in and out, $10k−$1,22612.265% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.238%−$24 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.018%, 7d avg −0.190%
Together, before fees−0.355%−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.172% dearer against KuCoin than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.190%): +$17 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AEONUSDTM0.055860.0296pay 0.0148% / 4h3h 04m$941K$1.5M20x
ShortBybit AEONUSDT0.055850.0100get 0.0050% / 4h3h 04m$452K$133K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$41.16
Price spread: −0.018% → −0.190%
$17.23
Slippage, 4 orders
−$1,203.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,250.43
Costs to cover
12.265%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 60 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 KuCoin live order book, 6 min ago6.26 bp498.6 bp −$499doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 60 min ago11.77 bp144.4 bp −$144doesn't fitdoesn't fitdoesn't fit

AEON 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
Aster AEONUSDT+0.0100%1h0.05573−0.239%$28K$24K5xas long as short
Bybit AEONUSDTshort+0.0100%4h0.05585−0.018%$452K$133K25x
OKX AEON-USDT-SWAP+0.0100%4h0.05583−0.054%$1.3M$4.2M20xas long as short
Gate AEON_USDT+0.0100%4h0.05609+0.412%$545K$212K20xas long as short
Bitget AEONUSDT+0.0100%4h0.05588+0.036%$2.0M$709K20xas long as short
KuCoin AEONUSDTMlong+0.0296%4h0.05586long leg$941K$1.5M20x