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

M

all M markets
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Funding spread now, next payment 20:00 UTC−0.2198%/8h
next payment, per $10,000$10.99paid, last 24h−0.562%paid, last 7 days−2.279%to open and close $10k−$364
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.47010.2298pay 0.1149% / 4h3h 15m$1.4M$4.1M10x
ShortBitget MUSDT1.48210.0100get 0.0050% / 4h3h 15m$1.9M$430K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$461.58
Slippage, 4 orders
−$340.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$826.03
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Bitget: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.818%
Avg gap 7d
+0.175%
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, 9 min ago31.02 bp132.6 bp −$133doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago7.42 bp70.6 bp −$71doesn't fitdoesn'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$2.7M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.0M10xas long as short
Bitget MUSDTshort+0.0100%4h$1.9M$430K10x
Variational Omni M+0.0100%4h$91K$45Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$18010xas long as short
SunX M-USDT+0.0100%4h$2K$487K20xas long as short
Aster MUSDT+0.0397%4h$17K$126K5xas long as short
BingX M-USDT+0.0546%4h$2.4Mas long as short
Binance MUSDT+0.0548%4h$5.5M$5.4M10xas long as short
MEXC M_USDT+0.0548%4h$248K$123K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin M-USDT+0.0558%4h$361K$471K10xas long as short
KuCoin MUSDTMlong+0.2298%4h$1.4M$4.1M10x