data as of
Settings8H · net · $10k
Funding arb /

M

all M markets
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Funding spread now, next payment 16:00 UTC−0.1994%/8h
next payment, per $10,000$9.97paid, last 24h−0.482%paid, last 7 days−1.848%to open and close $10k−$380
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.49430.2794pay 0.1397% / 4h41m 13s$1.4M$4.1M10x
ShortBinance MUSDT1.50770.0800get 0.0400% / 4h41m 13s$5.6M$6.0M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$418.81
Slippage, 4 orders
−$357.82
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$798.63
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 14 min ago.

Price risk

price view
Price gap now
+0.897%
Avg gap 7d
+0.145%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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 ago28.24 bp149.7 bp −$150doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.33 bp47.1 bp −$47402.2 bp −$4,022doesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$3.0M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.1M10xas long as short
Bitget MUSDT+0.0100%4h$2.0M$473K10xas long as short
Variational Omni M+0.0100%4h$91K$52Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$18010xas long as short
SunX M-USDT+0.0100%4h$2K$485K20xas long as short
Aster MUSDT+0.0647%4h$17K$126K5xas long as short
BingX M-USDT+0.0750%4h$2.4Mas long as short
MEXC M_USDT+0.0798%4h$255K$125K50xas long as short
Binance MUSDTshort+0.0800%4h$5.6M$6.0M10x
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin M-USDT+0.0832%4h$365K$524K10xas long as short
KuCoin MUSDTMlong+0.2794%4h$1.4M$4.1M10x