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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0468%/8h= −51.2% APRnext payment $2.34 per $10,000 · paid last 24h +0.041%
Price spread now: BingX against KuCoin−0.020%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$1981.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.380%+$38 on $10k
Price spread, last 7 days+0.064%+$6 · spread now −0.020%, 7d avg +0.144%
Together, before fees+0.443%+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and BingX is 0.164% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.144%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.380%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin B2USDTM0.50040.0838pay 0.0419% / 4h14m 50s$1.0M$317K50x
ShortBingX B2-USDT0.50030.0370get 0.0185% / 4h14m 50s$1.4M

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
−$98.28
Price spread: −0.020% → +0.144%
−$16.38
Slippage, 4 orders
−$176.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$312.96
Costs to cover
1.983%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 2 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, 5 min ago14.95 bp72.2 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago7.00 bp43.2 bp −$43128.4 bp −$1,284953.2 bp −$95.3Kdoesn'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
Bybit B2USDT+0.0100%4h0.5001−0.060%$1.6M$2.1M20xas long as short
Bitget B2USDT+0.0244%4h0.4996−0.160%$2.8M$957K50xas long as short
Binance B2USDT+0.0351%4h0.5005+0.030%$8.1M$10.2M50xas long as short
MEXC B2_USDT+0.0360%4h0.50040.000%$556K$391K100xas long as short
BingX B2-USDTshort+0.0370%4h0.5003−0.020%$1.4M
Variational Omni B2+0.0524%4h0.4999−0.107%$14K$2Kas long as short
Aster B2USDT+0.0714%4h0.4999−0.098%$157K$172K5xas long as short
KuCoin B2USDTMlong+0.0838%4h0.5004long leg$1.0M$317K50x
Gate B2_USDT+0.1954%4h0.5008+0.080%$910K$434K20xas long as short