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

M

all M markets
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Funding spread now, next payment 20:00 UTC−0.0658%/8h
next payment, per $10,000$3.29paid, last 24h−0.471%paid, last 7 days−2.086%to open and close $10k−$329
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.48360.1252pay 0.0626% / 4h1h 11m$1.4M$4.2M10x
ShortBingX M-USDT1.49840.0594get 0.0297% / 4h1h 11m$2.4M

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$138.18
Slippage, 4 orders
−$307.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$467.4
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 14 min ago.

Price risk

price view
Price gap now
+1.000%
Avg gap 7d
+0.163%
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, 2 min ago18.61 bp188.9 bp −$189doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago6.02 bp26.2 bp −$26112.5 bp −$1,125doesn'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$2.4M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$954K10xas long as short
Bitget MUSDT+0.0100%4h$1.9M$363K10xas long as short
Variational Omni M+0.0100%4h$92K$42Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$21910xas long as short
SunX M-USDT+0.0100%4h$2K$517K20xas long as short
Aster MUSDT+0.0444%4h$16K$121K5xas long as short
BingX M-USDTshort+0.0594%4h$2.4M
MEXC M_USDT+0.0636%4h$253K$117K50xas long as short
Binance MUSDT+0.0638%4h$5.5M$4.7M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin M-USDT+0.0683%4h$360K$441K10xas long as short
KuCoin MUSDTMlong+0.1252%4h$1.4M$4.2M10x