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

S

all S markets
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Funding spread now, next payment 17:00 UTC−0.3019%/8h
paid, last 24h−0.405%paid, last 4 days+1.611%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUSDTM0.039140.0100pay 0.0050% / 4h3h 35m$1.8M$3.9M50x
ShortKraken Futures PF_SUSD0.03916−0.2919pay 0.0365% / 1h35m 01s$33K$48K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$634.09
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$656.09
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 9 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.057%
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, 9 min ago2.55 bp89.4 bp −$89263.6 bp −$2,636doesn'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−1.2512%1h$22K$3K5xas long as short
Kraken Futures PF_SUSDshort−0.2919%1h$33K$48K10x
Coinbase International S-PERP-INTX−0.2448%1h$48K$12K25xas long as short
Variational Omni S−0.0834%4h$609K$120Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0371% / S +0.0343%1h$1K100xas long as short
Orderly PERP_S_USDC−0.0132%4h$103K$331K10xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Aster SUSDT−0.0062%4h$42K$266K10xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$604150xas 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$164K$324K5xas long as short
Hyperliquid S+0.0100%1h$1.0M$1.5M5xas long as short
Binance SUSDT+0.0100%4h$5.4M$40.6M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$997K$12.5M20xas long as short
Gate S_USDT+0.0100%4h$327K$374K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.5M200xas long as short
KuCoin SUSDTMlong+0.0100%4h$1.8M$3.9M50x
Bitget SUSDT+0.0100%4h$1.2M$4.7M50xas long as short
BingX S-USDT+0.0100%4h$7.0Mas long as short
Backpack S_USDC_PERP+0.0100%1h$114K$225K5xas long as short
ApeX Omni SUSDT+0.0100%1h$25K$501K50xas long as short
Extended S-USD+0.0104%1h$221K$946K10xas long as short
Deribit S_USDC-PERPETUAL+0.0260%1h$66K$11K10xas long as short
BloFin S-USDT+0.0340%4h$280K$266K75xas long as short