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

AWE

all AWE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.26 per $10,000 · paid last 24h −0.024%
Price spread now: BloFin against KuCoin−0.157%50s7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$488as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4764.761% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)+0.312%+$31 · spread now −0.157%, 7d avg −0.042%
Together, before fees+0.192%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.115% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.042%). If the spread goes back, that is −$11 on $10k: about 7.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AWEUSDTM0.063880.0100pay 0.0050% / 4h2h 24m$141K$50K20x
ShortBloFin AWE-USDT0.063780.0153get 0.0076% / 4h2h 24m$141K$27K40x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$11.1
Price spread: −0.157% → −0.042%
−$11.5
Slippage, 4 orders
−$452.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$476.45
Costs to cover
4.761%
Break-even
307.5 days
Slippage from KuCoin: live order book, 31 min ago; BloFin: live order book, 55 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, 31 min ago13.32 bp216.3 bp −$216doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 55 min ago7.03 bp27.5 bp −$2879.7 bp −$797doesn't fitdoesn't fit

AWE on 9 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 AWEUSDT+0.0100%4h0.06392+0.066%$2K$8K5xas long as short
Binance AWEUSDT+0.0100%4h0.06401+0.199%$2.2M$1.2M40xas long as short
Bybit AWEUSDT+0.0100%4h0.06396+0.125%$535K$213K25xas long as short
Gate AWE_USDT+0.0100%8h0.06391+0.047%$57K$28K25xas long as short
MEXC AWE_USDT+0.0100%4h0.06401+0.204%$1.1M$133K20xas long as short
KuCoin AWEUSDTMlong+0.0100%4h0.06388long leg$141K$50K20x
Bitget AWEUSDT+0.0100%4h0.06403+0.243%$445K$220K40xas long as short
BingX AWE-USDT+0.0100%4h0.06401+0.204%$6.5Mas long as short
BloFin AWE-USDTshort+0.0153%4h0.06378−0.157%$141K$27K40x