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

S

all S markets
SwapPrice view
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Funding spread now, next payment 16:00 UTC−0.2550%/8h
paid, last 24h−0.404%paid, last 4 days+1.684%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSDT0.039020.0100pay 0.0050% / 4h4m 34s$1.2M$4.7M50x
ShortKraken Futures PF_SUSD0.03902−0.2450pay 0.0306% / 1h4m 34s$33K$48K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$535.45
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$557.45
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.010%
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 Bitget live order book, 5 min ago5.13 bp26.2 bp −$2668.4 bp −$684doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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.

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
01 Exchange SUSD−1.1232%1h$23K$3K5xas long as short
Kraken Futures PF_SUSDshort−0.2450%1h$33K$48K10x
Coinbase International S-PERP-INTX−0.2432%1h$47K$11K25xas long as short
Variational Omni S−0.0978%4h$606K$122Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0372% / S +0.0344%1h$1K100xas long as short
Orderly PERP_S_USDC−0.0189%4h$103K$331K10xas long as short
Aster SUSDT−0.0117%4h$45K$263K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$603150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$161K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter S+0.0096%1h$164K$341K5xas long as short
Hyperliquid S+0.0100%1h$1.0M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$40.5M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$999K$12.5M20xas long as short
Gate S_USDT+0.0100%4h$325K$411K50xas long as short
MEXC S_USDT+0.0100%4h$3.6M$3.5M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.9M50xas long as short
Bitget SUSDTlong+0.0100%4h$1.2M$4.7M50x
BingX S-USDT+0.0100%4h$7.0Mas long as short
Backpack S_USDC_PERP+0.0100%1h$114K$219K5xas long as short
ApeX Omni SUSDT+0.0100%1h$24K$503K50xas long as short
Extended S-USD+0.0104%1h$220K$944K10xas long as short
Deribit S_USDC-PERPETUAL+0.0262%1h$66K$11K10xas long as short
BloFin S-USDT+0.0340%4h$285K$265K75xas long as short