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

ESPORTS

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1014%/8h= −111.0% APRnext payment $5.07 per $10,000 · paid last 24h +0.106%
Price spread now: KuCoin against Aster−0.098%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,377as in the Price arb table
costs, in and out, $10k−$1,37913.794% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.428%−$43 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now −0.098%, 7d avg −0.126%
Together, before fees−0.630%+ Points / potential airdropAster: Stage 5 · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.029% dearer against Aster than usual: you sell high and buy low (spread −0.098% now, against its 7-day average of −0.126%): +$3 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 6 days (−0.428% in total) that is about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.428% in total (about -28.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.07 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
LongAster ESPORTSUSDT0.010250.1162pay 0.0581% / 4h2h 25m$125K$90K5x
ShortKuCoin ESPORTSUSDTM0.010240.0148get 0.0074% / 4h2h 25m$769K$39K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$212.85
Price spread: −0.098% → −0.126%
$2.87
Slippage, 4 orders
−$1,359.42
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,589.4
Costs to cover
13.794%
Break-even
never at this rate
Slippage from Aster: live order book, 21 min ago; KuCoin: live order book, 59 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 Aster live order book, 21 min ago19.42 bp42.3 bp −$42480.3 bp −$4,803doesn't fitdoesn't fit
Sell KuCoin live order book, 59 min ago19.38 bp700.5 bp −$700doesn't fitdoesn't fitdoesn't fit

ESPORTS on 8 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 ESPORTSUSDT+0.0100%4h0.01027+0.195%$1.8M$1.1M10xas long as short
Variational Omni ESPORTS+0.0100%4h0.01026+0.130%$31K$503as long as short
KuCoin ESPORTSUSDTMshort+0.0148%4h0.01024−0.098%$769K$39K10x
Gate ESPORTS_USDT+0.0822%4h0.01028+0.293%$370K$571K10xas long as short
Aster ESPORTSUSDTlong+0.1162%4h0.01025long leg$125K$90K5x
Binance ESPORTSUSDT+0.1610%4h0.01026+0.140%$5.7M$4.6M10xas long as short
BingX ESPORTS-USDT+0.1610%4h0.01027+0.195%$1.4Mas long as short
MEXC ESPORTS_USDT+0.1612%4h0.01026+0.098%$1.3M$191K20xas long as short