data as of
Settings8H · net · $10k
Funding arb /

USDC

all USDC markets
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Funding spread now, next payment 16:00 UTC−0.0095%/8h
next payment, per $10,000$0.95paid, last 24h−0.070%paid, last 7 days−0.035%to open and close $10k−$35
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USDCUSDT0.9996−0.0066get 0.0066% / 8h1h 43m$4.5M$2.8M50x
ShortKuCoin USDCUSDTM0.9990−0.0161pay 0.0161% / 8h1h 43m$2.5M$17K30x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$19.99
Slippage, 4 orders
−$12.72
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$54.71
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 10 min ago.

Price risk

price view
Price gap now
−0.061%
Avg gap 7d
−0.033%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago0.00 bp5.0 bp −$55.0 bp −$506.6 bp −$658doesn't fit
Sell KuCoin live order book, 10 min ago4.50 bp14.2 bp −$14344.7 bp −$3,447doesn't fitdoesn't fit

USDC on 8 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin USDCUSDTMshort−0.0161%8h$2.5M$17K30x
Bitget USDCUSDT−0.0075%8h$4.3M$14K50xas long as short
Binance USDCUSDTlong−0.0066%8h$4.5M$2.8M50x
MEXC USDC_USDT−0.0065%8h$16.4M$184K200xas long as short
Kraken Futures PF_USDCUSD−0.0053%1h$14K$11250xas long as short
Bybit USDCUSDT0.0000%8h$9.5M$413K50xas long as short
OKX USDC-USDT-SWAP0.0000%8h$1.1M$39K50xas long as short
Gate USDC_USDT+0.0062%8h$253K$20K50xas long as short