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

S

all S markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.327%
Price spread now: KuCoin against Variational Omni+0.017%7-day average +0.095% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.650%+$65 on $10k
Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.017%, 7d avg +0.095%
Together, before fees+0.373%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.078% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.095%). If the spread goes back, that is −$8 on $10k: about 3.6 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.650% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni S0.040180.0027pay 0.0014% / 4h1h 00m$625K$19K
ShortKuCoin SUSDTM0.040190.0100get 0.0050% / 4h1h 00m$1.8M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
$15.25
Price spread: +0.017% → +0.095%
−$7.78
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$4.53
Costs to cover
0.120%
Break-even
9.1 days
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; KuCoin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 43 min ago8.66 bpdoesn't fit139.8 bp −$1,398doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago4.97 bp105.9 bp −$106250.8 bp −$2,508doesn'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−0.7536%1h0.03940−1.949%$24K$2K5xas long as short
Kraken Futures PF_SUSD−0.2396%1h0.04024+0.138%$35K$16K10xas long as short
Coinbase International S-PERP-INTX−0.1120%1h0.03961−1.426%$48K$16K25xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04028+0.232%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04025+0.157%$415xas long as short
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04028+0.252%$620150xas long as short
Variational Omni Slong+0.0027%4h0.04018long leg$625K$19K
Injective S/USDC PERP+0.0033%1h0.04100+2.033%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0085%4h0.04027+0.217%$100K$588K10xas long as short
Lighter S+0.0096%1h0.04028+0.241%$172K$139K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04025+0.174%$1.0M$579K5xas long as short
Aster SUSDT+0.0100%4h0.04026+0.188%$47K$110K10xas long as short
Binance SUSDT+0.0100%4h0.04023+0.107%$5.7M$13.6M75xas long as short
Bybit SUSDT+0.0100%4h0.04018−0.007%$5.7M$4.1M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04022+0.092%$1.0M$3.7M20xas long as short
Gate S_USDT+0.0100%4h0.04024+0.142%$327K$179K50xas long as short
MEXC S_USDT+0.0100%4h0.04023+0.117%$4.1M$1.8M200xas long as short
KuCoin SUSDTMshort+0.0100%4h0.04019+0.017%$1.8M$2.8M50x
Bitget SUSDT+0.0100%4h0.04024+0.142%$1.2M$2.2M50xas long as short
BingX S-USDT+0.0100%4h0.04022+0.092%$6.8Mas long as short
ApeX Omni SUSDT+0.0100%1h0.04030+0.291%$23K$487K50xas long as short
Extended S-USD+0.0104%1h0.04020+0.052%$227K$701K10xas long as short
BloFin S-USDT+0.0340%4h0.04029+0.266%$278K$115K75xas long as short
Deribit S_USDC-PERPETUAL+0.0744%1h0.04029+0.266%$68K$10K10xas long as short
Backpack S_USDC_PERP+0.1760%1h0.04030+0.291%$117K$426K5xas long as short