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

S

all S markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h−0.007%paid, last 7 days−0.548%to open and close $10k−$204
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUSDTM0.038580.0100pay 0.0050% / 4h2h 21m$1.8M$3.7M50x
ShortBackpack S_USDC_PERP0.038700.0100get 0.0013% / 1h21m 08s$113K$236K5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$181.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$203.59
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Backpack: live order book, 19 min ago.

Price risk

price view
Price gap now
+0.311%
Avg gap 7d
+0.118%
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 ago2.60 bp72.7 bp −$73280.7 bp −$2,807doesn't fitdoesn't fit
Sell Backpack live order book, 19 min ago12.94 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−0.2080%1h$47K$10K25xas long as short
Kraken Futures PF_SUSD−0.1663%1h$33K$43K10xas long as short
Variational Omni S−0.0878%4h$600K$120Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0276% / S +0.0259%1h$1K100xas long as short
Aster SUSDT−0.0138%4h$42K$258K10xas long as short
01 Exchange SUSD−0.0104%1h$23K$3K5xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Orderly PERP_S_USDC−0.0098%4h$102K$325K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$596150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$120K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter S+0.0096%1h$162K$309K5xas long as short
Hyperliquid S+0.0100%1h$993K$1.4M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$38.3M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.0M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$975K$11.8M20xas long as short
Gate S_USDT+0.0100%4h$319K$366K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.4M200xas long as short
KuCoin SUSDTMlong+0.0100%4h$1.8M$3.7M50x
Bitget SUSDT+0.0100%4h$1.1M$4.6M50xas long as short
BingX S-USDT+0.0100%4h$6.9Mas long as short
Backpack S_USDC_PERPshort+0.0100%1h$113K$236K5x
ApeX Omni SUSDT+0.0100%1h$20K$493K50xas long as short
Extended S-USD+0.0104%1h$216K$944K10xas long as short
Deribit S_USDC-PERPETUAL+0.0267%1h$65K$11K10xas long as short
BloFin S-USDT+0.0340%4h$276K$258K75xas long as short