S

Alert

Funding spread now, next payment 16:00 UTC−1.1884%/8h

paid, last 24h−2.252%paid, last 3 days−3.594%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -3.594% in total (about -428.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SUSDTM	0.03946	0.0100	pay 0.0050% / 4h	34m 25s	$1.8M	$3.9M	50x
Short	01 Exchange SUSD	0.03820	−1.1784	pay 0.1473% / 1h	34m 25s	$23K	$3K	5x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee 01 ExchangebpOrdersRate

Funding earned: −$2,495.64
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$2,514.64
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 10 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −3.193%
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 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	2.51 bp	92.6 bp −$93	412.1 bp −$4,121	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
01 Exchange SUSDshort	−1.1784%	1h	$23K	$3K	5x
Kraken Futures PF_SUSD	−0.2433%	1h	$33K	$48K	10x	as long as short
Coinbase International S-PERP-INTX	−0.2432%	1h	$47K	$11K	25x	as long as short
Variational Omni S	−0.1015%	4h	$614K	$121K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0372% / S +0.0344%	1h	$1K	—	100x	as long as short
Orderly PERP_S_USDC	−0.0197%	4h	$104K	$334K	10x	as long as short
Reya SRUSDPERP	−0.0101%	1h	$4	—	15x	as long as short
Aster SUSDT	−0.0067%	4h	$47K	$262K	10x	as long as short
Deribit S_USDC-PERPETUAL	−0.0004%	1h	$66K	$12K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	$609	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	$2K	$161K	12x	as long as short
Lighter S	+0.0096%	1h	$166K	$337K	5x	as long as short
Hyperliquid S	+0.0100%	1h	$1.1M	$1.5M	5x	as long as short
Binance SUSDT	+0.0100%	4h	$5.4M	$40.8M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	$5.7M	$9.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	$1.0M	$12.7M	20x	as long as short
Gate S_USDT	+0.0100%	4h	$329K	$407K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	$3.5M	$3.5M	200x	as long as short
KuCoin SUSDTMlong	+0.0100%	4h	$1.8M	$3.9M	50x
Bitget SUSDT	+0.0100%	4h	$1.2M	$4.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	$25K	$501K	50x	as long as short
Extended S-USD	+0.0104%	1h	$221K	$946K	10x	as long as short
Backpack S_USDC_PERP	+0.0308%	1h	$115K	$216K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	$288K	$266K	75x	as long as short