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

ALGO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0101%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: KuCoin against gTrade (Gains Network)+0.026%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.026% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ALGO/USD0.1113L −0.0001% / S +0.0003%get 0.0000% / 1h50m 18s$16K150x
ShortKuCoin ALGOUSDTM0.11130.0100get 0.0100% / 8h5h 50m$3.5M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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
$21.18
Price spread: +0.026% → 0.000%
$2.61
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$1.79
Costs to cover
0.220%
Break-even
6.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 2 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 gTrade (Gains Network) no order-book sample
Sell KuCoin live order book, 2 min ago7.63 bp66.2 bp −$66202.8 bp −$2,028doesn't fitdoesn't fit
gTrade (Gains Network): 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.

ALGO on 21 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
Deribit ALGO_USDC-PERPETUAL−0.0469%1h0.1111−0.100%$101K$49K25xas long as short
gTrade (Gains Network) ALGO/USDlongL −0.0001% / S +0.0003%1h0.1113long leg$16K150x
Coinbase International ALGO-PERP-INTX+0.0032%1h0.1114+0.089%$70K$270K50xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.664%$834$233K12xas long as short
Variational Omni ALGO+0.0089%8h0.1116+0.267%$61K$12Kas long as short
Hyperliquid ALGO+0.0100%1h0.1114+0.125%$3.7M$2.0M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1114+0.100%$44K$41K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1113−0.010%$9.8M$34.4M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1112−0.055%$11.5M$12.2M75xas long as short
OKX ALGO-USDT-SWAP+0.0100%8h0.1113+0.008%$2.9M$7.6M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ALGO_USDT+0.0100%8h0.1113+0.035%$871K$847K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1112−0.046%$22.7M$3.0M200xas long as short
KuCoin ALGOUSDTMshort+0.0100%8h0.1113+0.026%$3.5M$1.5M50x
Bitget ALGOUSDT+0.0100%8h0.1112−0.055%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1113−0.010%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1113+0.044%$60K$141K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.1114+0.125%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1113−0.009%$4K$229K10xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0313%1h0.1112−0.085%$7K100xas long as short
Kraken Futures PF_ALGOUSD+0.0355%1h0.1112−0.011%$824K$1.1M50xas long as short
dYdX ALGO-USD+0.2146%1h0.1115+0.226%$161K$4K5xas long as short