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

DOS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0404%/8h= +44.2% APRnext payment +$2.02 per $10,000 · paid last 24h +0.152%
Price spread now: MEXC against KuCoin+0.097%7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,120as in the Price arb table
costs, in and out, $10k−$1,13811.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.097%, 7d avg −0.085%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 0.182% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin DOSUSDTM0.21640.0100pay 0.0050% / 4h3h 16m$298K$904K20x
ShortMEXC DOS_USDT0.21660.0504get 0.0252% / 4h3h 16m$451K$165K20x

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
$84.84
Price spread: +0.097% → −0.085%
$18.24
Slippage, 4 orders
−$1,121.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$1,034.9
Costs to cover
11.380%
Break-even
92.4 days
Slippage from KuCoin: live order book, 18 min ago; MEXC: live order book, 28 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, 18 min ago27.65 bp703.9 bp −$704doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 28 min ago2.31 bp8.9 bp −$948.4 bp −$484245.2 bp −$24.5K773.0 bp −$386.5K

DOS 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
KuCoin DOSUSDTMlong+0.0100%4h0.2164long leg$298K$904K20x
HTX DOS-USDT+0.0100%4h0.2168+0.189%$14K$373K10xas long as short
Bitget DOSUSDT+0.0162%4h0.2166+0.083%$224K$314K10xas long as short
Gate DOS_USDT+0.0294%4h0.2167+0.143%$197K$225K20xas long as short
MEXC DOS_USDTshort+0.0504%4h0.2166+0.097%$451K$165K20x
Binance DOSUSDT+0.0507%4h0.2167+0.143%$2.2M$2.6M20xas long as short
BloFin DOS-USDT+0.0533%4h0.2170+0.282%$111K$22K20xas long as short
OKX DOS-USDT-SWAP+0.0612%4h0.2168+0.189%$1.2M$2.1M20xas long as short
Bybit DOSUSDT+0.0821%4h0.2168+0.189%$847K$181K20xas long as short
BingX DOS-USDT+0.0858%4h0.2168+0.189%$1.6Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOSUSDT+0.0952%4h0.2166+0.076%$6K$11K5xas long as short