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

ATH

all ATH markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.197%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$374as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3773.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.197%, 7d avg −0.032%
Together, before fees+0.178%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.165% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATHUSDTM0.0055810.0100pay 0.0050% / 4h1h 47m$572K$82K30x
ShortBingX ATH-USDT0.0055700.0100get 0.0050% / 4h1h 47m$22.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: −0.197% → −0.032%
−$16.54
Slippage, 4 orders
−$355.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$393.95
Costs to cover
3.774%
Break-even
never at this rate
Slippage from KuCoin: live order book, 25 min ago; BingX: live order book, 6 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, 25 min ago9.84 bp129.4 bp −$129doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.26 bp25.6 bp −$2665.3 bp −$653546.7 bp −$54.7K980.5 bp −$490.2K

ATH on 13 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
Kraken Futures PF_ATHUSD−0.4640%1h0.005562−0.339%$19K$106K10xas long as short
Variational Omni ATH−0.0024%4h0.005582+0.009%$188K$93Kas long as short
dYdX ATH-USD−0.0023%1h0.005584+0.063%$11K$165xas long as short
OKX ATH-USDT-SWAP+0.0076%4h0.005566−0.269%$713K$1.3M20xas long as short
BloFin ATH-USDT+0.0081%4h0.005568−0.233%$174K$62K75xas long as short
Aster ATHUSDT+0.0100%4h0.005583+0.027%$6K$35K5xas long as short
Binance ATHUSDT+0.0100%4h0.005580−0.015%$3.4M$4.0M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005566−0.269%$4.5M$2.3M25xas long as short
Gate ATH_USDT+0.0100%4h0.005571−0.179%$795K$516K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005582+0.018%$8.9M$648K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMlong+0.0100%4h0.005581long leg$572K$82K30x
Bitget ATHUSDT+0.0100%4h0.005576−0.090%$1.6M$799K25xas long as short
BingX ATH-USDTshort+0.0100%4h0.005570−0.197%$22.0M