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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0604%/8h= +66.1% APRnext payment +$3.02 per $10,000 · paid last 24h +0.196%
Price spread now: MEXC against KuCoin+0.083%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2002.000% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.558%+$156 on $10k
Price spread, last 7 days−0.182%−$18 · spread now +0.083%, 7d avg +0.122%
Together, before fees+1.376%+$138 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.038% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.083% now, against its 7-day average of +0.122%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRUSDTM1.12000.0158pay 0.0079% / 4h37m 27s$4.9M$5.1M30x
ShortMEXC BR_USDT1.12090.0762get 0.0381% / 4h37m 27s$15.3M$6.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$126.84
Price spread: +0.083% → +0.122%
−$3.85
Slippage, 4 orders
−$183.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$76.99
Costs to cover
2.000%
Break-even
11.2 days
Slippage from KuCoin: live order book, just now; MEXC: live order book, 1 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, just now6.46 bp59.7 bp −$60doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.66 bp49.0 bp −$4972.3 bp −$723181.5 bp −$18.2K471.3 bp −$235.7K

BR on 11 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
BingX BR-USDT+0.0080%4h1.1218+0.163%$5.9Mas long as short
Bybit BRUSDT+0.0100%4h1.1201+0.014%$10.7M$23.9M5xas long as short
Gate BR_USDT+0.0100%4h1.1184−0.143%$7.5M$8.2M20xas long as short
Variational Omni BR+0.0100%4h1.1097−0.915%$260K$270Kas long as short
SunX BR-USDT+0.0100%4h1.1202+0.019%$714K10xas long as short
HTX BR-USDT+0.0100%4h1.1271+0.636%$86K$245K20xas long as short
Bitget BRUSDT+0.0134%4h1.1207+0.062%$8.2M$11.3M10xas long as short
KuCoin BRUSDTMlong+0.0158%4h1.1200long leg$4.9M$5.1M30x
Aster BRUSDT+0.0512%4h1.1192−0.066%$659K$2.5M5xas long as short
MEXC BR_USDTshort+0.0762%4h1.1209+0.083%$15.3M$6.8M100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.0762%4h1.1198−0.015%$53.5M$146.3M25xas long as short