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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment $0.91 per $10,000 · paid last 24h −0.141%
Price spread now: KuCoin against Aster−0.350%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.350% cheaper against Aster than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016310.0282pay 0.0141% / 4h3h 23m$12K$54K5x
ShortKuCoin USUSDTM0.016260.0100get 0.0050% / 4h3h 23m$4.0M$334K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$38.26
Price spread: −0.350% → 0.000%
−$35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$93.25
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 5 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 Aster no order-book sample
Sell KuCoin live order book, 5 min ago19.99 bp495.6 bp −$496doesn't fitdoesn't fitdoesn't fit
Aster: 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.

US on 11 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
Bybit USUSDT+0.0100%4h0.01633+0.134%$3.2M$935K20xas long as short
Gate US_USDT+0.0100%4h0.01630−0.099%$2.0M$593K20xas long as short
KuCoin USUSDTMshort+0.0100%4h0.01626−0.350%$4.0M$334K20x
Variational Omni US+0.0100%4h0.01634+0.146%$16K$3Kas long as short
Extended US-USD+0.0280%1h0.01632+0.032%$7K$113K5xas long as short
Binance USUSDT+0.0281%4h0.01632+0.061%$9.1M$3.2M10xas long as short
MEXC US_USDT+0.0282%4h0.01633+0.079%$5.5M$114K100xas long as short
Aster USUSDTlong+0.0282%4h0.01631long leg$12K$54K5x
BloFin US-USDT+0.0288%4h0.01632+0.048%$479K$49K10xas long as short
BingX US-USDT+0.0472%4h0.01633+0.116%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0488%4h0.01634+0.183%$4.3M$259K10xas long as short