Funding arb · Price arb /

MARSCOIN

all MARSCOIN markets

Swap Backtest

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 +0.171%

Price spread now: KuCoin against Phemex+0.243%50s7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2001.997% of the position

Long on Phemex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.174%+$17 on $10k

Price spread, last 4 days (all we have)−0.840%−$84 · spread now +0.243%, 7d avg +0.045%

Together, before fees−0.666%−$67 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: KuCoin is 0.198% dearer against Phemex than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.045%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex MARSCOINUSDT	0.09867	0.0100	pay 0.0050% / 4h	3h 04m	$1.4M	$2.6M	20x
Short	KuCoin MARSCOINUSDTM	0.09891	0.0100	get 0.0050% / 4h	3h 04m	$1.2M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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

Position, each leg$Hold fordaysFee PhemexbpFee KuCoinbpOrdersPrice spread, now +0.243%Rate

Funding earned: $0
Price spread: +0.243% → +0.045%: $19.85
Slippage, 4 orders: −$175.7
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$179.86
Costs to cover: 1.997%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 4 min ago	13.74 bp	41.4 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	5.61 bp	46.1 bp −$46	142.1 bp −$1,421	doesn't fit	doesn't fit

MARSCOIN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MARSCOINUSDT	+0.0100%	4h	0.09877	+0.104%	$575K	$906K	10x	as long as short
Binance MARSCOINUSDT	+0.0100%	4h	0.09889	+0.223%	$21.6M	$58.8M	20x	as long as short
Bybit MARSCOINUSDT	+0.0100%	4h	0.09886	+0.193%	$6.7M	$14.1M	20x	as long as short
Gate MARSCOIN_USDT	+0.0100%	4h	0.09877	+0.101%	$1.6M	$2.3M	20x	as long as short
MEXC MARSCOIN_USDT	+0.0100%	4h	0.09890	+0.233%	$2.8M	$1.2M	20x	as long as short
KuCoin MARSCOINUSDTMshort	+0.0100%	4h	0.09891	+0.243%	$1.2M	$2.6M	20x
Bitget MARSCOINUSDT	+0.0100%	4h	0.09906	+0.395%	$2.3M	$7.0M	20x	as long as short
BingX MARSCOIN-USDT	+0.0100%	4h	0.09889	+0.223%	—	$1.2M	—	as long as short
SunX MARSCOIN-USDT	+0.0100%	4h	0.09863	−0.041%	—	$771K	10x	as long as short
HTX MARSCOIN-USDT	+0.0100%	4h	0.09898	+0.314%	$100K	$697K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex MARSCOINUSDTlong	+0.0100%	4h	0.09867	long leg	$1.4M	$2.6M	20x
BloFin MARSCOIN-USDT	+0.0340%	4h	0.09867	0.000%	$1.1M	$381K	20x	as long as short