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 0.000%
Price spread now: KuCoin against MEXC−0.054%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$507as in the Funding arb table
Net, price: spread back to 7d avg − costs−$506as in the Price arb table
costs, in and out, $10k−$5065.057% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.054%, 7d avg −0.052%
Together, before fees+0.111%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ATH_USDT0.0055180.0100pay 0.0050% / 4h36m 53s$8.9M$629K50x
ShortKuCoin ATHUSDTM0.0055150.0100get 0.0050% / 4h36m 53s$558K$76K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: −0.054% → −0.052%
−$0.25
Slippage, 4 orders
−$485.74
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$505.99
Costs to cover
5.057%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 46 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 MEXC live order book, 1 min ago4.54 bp13.6 bp −$1430.8 bp −$308193.5 bp −$19.3Kdoesn't fit
Sell KuCoin live order book, 46 min ago10.88 bp242.9 bp −$243doesn'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−0.2879%1h0.005498−0.361%$19K$106K10xas long as short
Variational Omni ATH−0.0097%4h0.005447−1.278%$183K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005513−0.091%$11K$575xas long as short
BloFin ATH-USDT+0.0047%4h0.005504−0.254%$166K$66K75xas long as short
Aster ATHUSDT+0.0100%4h0.005522+0.071%$6K$41K5xas long as short
Binance ATHUSDT+0.0100%4h0.005521+0.054%$3.3M$4.2M50xas long as short
Bybit ATHUSDT+0.0100%4h0.005509−0.163%$4.4M$2.6M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005508−0.181%$707K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005510−0.145%$788K$570K30xas long as short
MEXC ATH_USDTlong+0.0100%4h0.005518long leg$8.9M$629K50x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTMshort+0.0100%4h0.005515−0.054%$558K$76K30x
Bitget ATHUSDT+0.0100%4h0.005516−0.036%$1.5M$868K25xas long as short
BingX ATH-USDT+0.0100%4h0.005514−0.072%$21.6Mas long as short