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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.262%
Price spread now: Gate against KuCoin+0.278%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$414as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4574.572% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.433%+$43 on $10k
Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.278%, 7d avg +0.060%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.219% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin B2USDTM0.50270.0456pay 0.0228% / 4h3h 26m$997K$286K50x
ShortGate B2_USDT0.50410.0520get 0.0260% / 4h3h 26m$914K$384K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$13.44
Price spread: +0.278% → +0.060%
$21.88
Slippage, 4 orders
−$430.23
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$421.91
Costs to cover
4.572%
Break-even
226.7 days
Slippage from KuCoin: live order book, 8 min ago; Gate: 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, 8 min ago9.77 bp113.4 bp −$113doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago11.81 bp99.1 bp −$99236.1 bp −$2,361doesn'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+0.0100%4h0.5039+0.244%$8.2M$9.0M50xas long as short
Bybit B2USDT+0.0100%4h0.5036+0.179%$1.6M$1.8M20xas long as short
MEXC B2_USDT+0.0100%4h0.5039+0.239%$538K$319K100xas long as short
Aster B2USDT+0.0242%4h0.5032+0.106%$157K$152K5xas long as short
Bitget B2USDT+0.0292%4h0.5031+0.080%$2.8M$702K50xas long as short
BingX B2-USDT+0.0302%4h0.5039+0.239%$1.3Mas long as short
KuCoin B2USDTMlong+0.0456%4h0.5027long leg$997K$286K50x
Gate B2_USDTshort+0.0520%4h0.5041+0.278%$914K$384K20x
Variational Omni B2+0.0588%4h0.5075+0.948%$14K$2Kas long as short