Settings8H · net · $10k
Funding arb · Price arb /

S

all S markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against MEXC−0.074%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 7 days−0.054%−$5 · spread now −0.074%, 7d avg −0.093%
Together, before fees−0.021%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC S_USDT0.040570.0100pay 0.0050% / 4h36m 57s$3.9M$1.8M200x
ShortKuCoin SUSDTM0.040540.0100get 0.0050% / 4h36m 57s$1.9M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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

Funding earned
$0
Price spread: −0.074% → −0.093%
$1.89
Slippage, 4 orders
−$187.6
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$201.72
Costs to cover
2.036%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago2.46 bp5.8 bp −$669.5 bp −$695260.6 bp −$26.1Kdoesn't fit
Sell KuCoin live order book, 5 min ago3.70 bp106.7 bp −$107223.3 bp −$2,233doesn't fitdoesn't fit

S on 25 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUSD−0.8520%1h0.03960−2.391%$25K$2K5xas long as short
Kraken Futures PF_SUSD−0.2520%1h0.04052−0.134%$34K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1376%1h0.04022−0.863%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04055−0.039%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04056−0.035%$415xas long as short
Variational Omni S−0.0051%4h0.04048−0.228%$627K$30Kas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04056−0.025%$3K150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+1.060%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0062%4h0.04054−0.074%$100K$300K10xas long as short
ApeX Omni SUSDT+0.0088%1h0.04050−0.173%$25K$456K50xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter S+0.0096%1h0.04058+0.025%$171K$154K5xas long as short
Hyperliquid S+0.0100%1h0.040570.000%$1.0M$548K5xas long as short
Aster SUSDT+0.0100%4h0.04056−0.014%$44K$130K10xas long as short
Binance SUSDT+0.0100%4h0.040570.000%$5.6M$13.6M75xas long as short
Bybit SUSDT+0.0100%4h0.04049−0.197%$5.8M$4.5M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04049−0.197%$1.1M$3.9M20xas long as short
Gate S_USDT+0.0100%4h0.04058+0.025%$333K$187K50xas long as short
MEXC S_USDTlong+0.0100%4h0.04057long leg$3.9M$1.8M200x
KuCoin SUSDTMshort+0.0100%4h0.04054−0.074%$1.9M$2.7M50x
Bitget SUSDT+0.0100%4h0.040570.000%$1.2M$2.1M50xas long as short
BingX S-USDT+0.0100%4h0.04056−0.025%$6.7Mas long as short
Extended S-USD+0.0104%1h0.04054−0.068%$233K$1.1M10xas long as short
BloFin S-USDT+0.0340%4h0.04053−0.099%$281K$98K75xas long as short
Backpack S_USDC_PERP+0.0873%1h0.04060+0.074%$118K$401K5xas long as short
Deribit S_USDC-PERPETUAL+0.0983%1h0.04060+0.074%$68K$10K10xas long as short