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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.562%7-day average −0.420% · you buy dearer than you sell
Net, funding: paid 7d − costs−$739as in the Funding arb table
Net, price: spread back to 7d avg − costs−$750as in the Price arb table
costs, in and out, $10k−$7357.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 7 days+0.360%+$36 · spread now −0.562%, 7d avg −0.420%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.141% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.420%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DEEPUSDTM0.019590.0100pay 0.0050% / 4h1h 02m$1.8M$91K20x
ShortBybit DEEPUSDT0.019480.0100get 0.0100% / 8h1h 02m$4.2M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.562% → −0.420%
−$14.14
Slippage, 4 orders
−$712.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$749.6
Costs to cover
7.355%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bybit: 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, 4 min ago5.09 bp299.2 bp −$299doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago5.12 bp37.4 bp −$37200.1 bp −$2,001doesn't fitdoesn't fit

DEEP on 12 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
Kraken Futures PF_DEEPUSD−0.1246%1h0.01954−0.262%$8K$10K10xas long as short
BloFin DEEP-USDT+0.0077%8h0.01948−0.562%$134K$32K50xas long as short
Binance DEEPUSDT+0.0100%4h0.01954−0.278%$2.1M$6.0M50xas long as short
Bybit DEEPUSDTshort+0.0100%8h0.01948−0.562%$4.2M$2.7M50x
Gate DEEP_USDT+0.0100%4h0.01953−0.306%$301K$73K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01953−0.306%$1.1M$482K100xas long as short
KuCoin DEEPUSDTMlong+0.0100%4h0.01959long leg$1.8M$91K20x
Bitget DEEPUSDT+0.0100%4h0.01953−0.306%$822K$557K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01954−0.255%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01953−0.324%$14K$10Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP+0.0100%1h0.01954−0.255%$80K$11K20xas long as short
Extended DEEP-USD+0.0104%1h0.01953−0.307%$5K$237K5xas long as short