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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against KuCoin−0.109%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$554as in the Funding arb table
Net, price: spread back to 7d avg − costs−$554as in the Price arb table
costs, in and out, $10k−$5525.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)−0.911%−$91 · spread now −0.109%, 7d avg −0.092%
Together, before fees−0.932%−$93 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ATHUSDTM0.0054900.0100pay 0.0050% / 4h1h 01m$556K$77K30x
ShortOKX ATH-USDT-SWAP0.0054840.0100get 0.0050% / 4h1h 01m$701K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.109% → −0.092%
−$1.73
Slippage, 4 orders
−$530.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$553.94
Costs to cover
5.522%
Break-even
never at this rate
Slippage from KuCoin: live order book, 22 min ago; OKX: live order book, 5 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, 22 min ago10.88 bp233.6 bp −$234doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago6.38 bp30.7 bp −$31doesn't fitdoesn't fitdoesn't fit

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−0.3218%1h0.005480−0.185%$19K$106K10xas long as short
Variational Omni ATH−0.0104%4h0.005483−0.120%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005491+0.017%$11K$575xas long as short
Aster ATHUSDT+0.0100%4h0.005490−0.006%$5K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005496+0.111%$3.3M$4.2M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005482−0.146%$4.3M$2.5M25xas long as short
OKX ATH-USDT-SWAPshort+0.0100%4h0.005484−0.109%$701K$1.3M20x
Gate ATH_USDT+0.0100%4h0.005476−0.255%$782K$572K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005496+0.109%$8.9M$634K50xas long as short
KuCoin ATHUSDTMlong+0.0100%4h0.005490long leg$556K$77K30x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ATHUSDT+0.0100%4h0.005491+0.018%$1.5M$857K25xas long as short
BingX ATH-USDT+0.0100%4h0.005485−0.091%$21.6Mas long as short
BloFin ATH-USDT+0.0103%4h0.005491+0.018%$168K$72K75xas long as short