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

M

all M markets
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Funding spread now, next payment 16:00 UTC−0.2628%/8h
next payment, per $10,000$13.14paid, last 24h−0.552%paid, last 5 days−2.268%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.47770.2728pay 0.1364% / 4h0m 52s$1.4M$4.1M10x
ShortOrderly PERP_M_USDC1.48790.0100get 0.0050% / 4h0m 52s$2K$18010x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$551.88
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$569.88
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.690%
Avg gap 7d
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 ago36.12 bp110.0 bp −$110doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$2.8M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.1M10xas long as short
Bitget MUSDT+0.0100%4h$1.9M$449K10xas long as short
Variational Omni M+0.0100%4h$90K$49Kas long as short
Orderly PERP_M_USDCshort+0.0100%4h$2K$18010x
SunX M-USDT+0.0100%4h$1K$480K20xas long as short
Aster MUSDT+0.0493%4h$17K$126K5xas long as short
BloFin M-USDT+0.0629%4h$366K$495K10xas long as short
BingX M-USDT+0.0632%4h$2.4Mas long as short
Binance MUSDT+0.0648%4h$5.5M$5.7M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC M_USDT+0.0654%4h$250K$127K50xas long as short
KuCoin MUSDTMlong+0.2728%4h$1.4M$4.1M10x