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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0758%/8h= +83.0% APRnext payment +$3.79 per $10,000 · paid last 24h −0.096%
Price spread now: KuCoin against Aster+0.182%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$2082.082% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.506%−$51 on $10k
Price spread, last 4 days (all we have)−0.305%−$30 · spread now +0.182%, 7d avg −0.029%
Together, before fees−0.811%+ Points / potential airdropAster: Stage 5 · farm board−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and KuCoin is 0.211% dearer against Aster than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.029%. Mind the row above: over the last 5 days funding on this pair cost −0.506%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster B2USDT0.48560.1032pay 0.0516% / 4h21m 20s$151K$182K5x
ShortKuCoin B2USDTM0.48650.1790get 0.0895% / 4h21m 20s$1.0M$321K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
$159.27
Price spread: +0.182% → −0.029%
$21.14
Slippage, 4 orders
−$188.24
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$27.83
Costs to cover
2.082%
Break-even
8.2 days
Slippage from Aster: live order book, 55 min ago; KuCoin: live order book, 3 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 Aster live order book, 55 min ago5.13 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago9.25 bp38.7 bp −$39doesn't fitdoesn't fitdoesn't fit

B2 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
Binance B2USDT+0.0872%4h0.4869+0.265%$7.8M$12.9M50xas long as short
MEXC B2_USDT+0.0886%4h0.4869+0.265%$545K$527K100xas long as short
Bybit B2USDT+0.0912%4h0.4863+0.141%$1.5M$2.7M20xas long as short
Aster B2USDTlong+0.1032%4h0.4856long leg$151K$182K5x
BingX B2-USDT+0.1158%4h0.4869+0.265%$1.4Mas long as short
Bitget B2USDT+0.1192%4h0.4859+0.059%$2.7M$1.4M50xas long as short
KuCoin B2USDTMshort+0.1790%4h0.4865+0.182%$1.0M$321K50x
Variational Omni B2+0.1966%4h0.4863+0.138%$13K$2Kas long as short
Gate B2_USDT+0.2814%4h0.4865+0.182%$849K$441K20xas long as short