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

US

all US 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 −0.044%
Price spread now: Gate against KuCoin−0.006%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,184as in the Price arb table
costs, in and out, $10k−$1,18511.854% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.105%−$11 · spread now −0.006%, 7d avg −0.023%
Together, before fees−0.110%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USUSDTM0.016370.0100pay 0.0050% / 4h2h 41m$4.1M$283K20x
ShortGate US_USDT0.016370.0100get 0.0050% / 4h2h 41m$2.1M$583K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: −0.006% → −0.023%
$1.72
Slippage, 4 orders
−$1,158.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,183.63
Costs to cover
11.854%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Gate: live order book, 2 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 KuCoin live order book, 2 min ago30.88 bp555.7 bp −$556doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago9.47 bp72.0 bp −$72doesn't fitdoesn't fitdoesn't fit

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%4h0.01639+0.177%$3.2M$895K20xas long as short
Gate US_USDTshort+0.0100%4h0.01637−0.006%$2.1M$583K20x
KuCoin USUSDTMlong+0.0100%4h0.01637long leg$4.1M$283K20x
Variational Omni US+0.0100%4h0.01639+0.162%$16K$3Kas long as short
Bitget USUSDT+0.0402%4h0.01639+0.165%$4.3M$260K10xas long as short
BloFin US-USDT+0.0633%4h0.01622−0.923%$479K$48K10xas long as short
BingX US-USDT+0.0688%4h0.01638+0.079%$1.3Mas long as short
Aster USUSDT+0.0724%4h0.01639+0.171%$12K$53K5xas long as short
MEXC US_USDT+0.0764%4h0.01637+0.024%$5.5M$113K100xas long as short
Binance USUSDT+0.0765%4h0.01637+0.016%$9.1M$3.2M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended US-USD+0.0768%1h0.01637+0.011%$2K$97K5xas long as short