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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against KuCoin−0.135%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3373.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.948%+$95 on $10k
Price spread, last 7 days+0.191%+$19 · spread now −0.135%, 7d avg −0.011%
Together, before fees+1.139%+$114 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: BingX is 0.124% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FUSDTM0.0037090.0100pay 0.0050% / 4h3h 22m$632K$1.1M30x
ShortBingX F-USDT0.0037040.0100get 0.0050% / 4h3h 22m$6.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.135% → −0.011%
−$12.41
Slippage, 4 orders
−$315.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$349.45
Costs to cover
3.370%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 15 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, 3 min ago1.34 bp170.7 bp −$171doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago5.42 bp25.6 bp −$2663.3 bp −$633830.0 bp −$83.0K1305.7 bp −$652.8K

F on 10 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
Aster FUSDT+0.0100%4h0.003706−0.068%$15K$28K5xas long as short
Binance FUSDT+0.0100%4h0.003704−0.131%$3.9M$6.1M50xas long as short
Bybit FUSDT+0.0100%4h0.003703−0.162%$2.4M$2.3M25xas long as short
OKX F-USDT-SWAP+0.0100%4h0.003703−0.162%$701K$2.1M20xas long as short
Gate F_USDT+0.0100%8h0.003704−0.135%$134K$1.3M25xas long as short
MEXC F_USDT+0.0100%4h0.003705−0.108%$595K$177K50xas long as short
KuCoin FUSDTMlong+0.0100%4h0.003709long leg$632K$1.1M30x
Bitget FUSDT+0.0100%4h0.003706−0.081%$476K$735K50xas long as short
BingX F-USDTshort+0.0100%4h0.003704−0.135%$6.6M
Variational Omni F+0.0100%4h0.003702−0.194%$648$432as long as short