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

AMAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.094%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$338as in the Price arb table
costs, in and out, $10k−$3283.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.094%, 7d avg +0.003%
Together, before fees+0.413%+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.097% cheaper against Bybit than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of +0.003%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AMATUSDT470.050get 0.0000% / 8h5h 23m$898K$656K25x
ShortKuCoin AMATUSDTM469.610.0100get 0.0100% / 8h5h 23m$412K$482K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$21
Price spread: −0.094% → +0.003%
−$9.68
Slippage, 4 orders
−$305.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$316.72
Costs to cover
3.280%
Break-even
112.6 days
Slippage from Bybit: live order book, 36 min ago; KuCoin: live order book, 74 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 Bybit live order book, 36 min ago3.73 bp29.7 bp −$30114.8 bp −$1,148doesn't fitdoesn't fit
Sell KuCoin live order book, 74 min ago9.29 bp128.1 bp −$128doesn't fitdoesn't fitdoesn't fit

AMAT on 16 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
Aster AMATUSDT0.0000%8h469.89−0.035%$10K$11K20xas long as short
Bybit AMATUSDTlong0.0000%8h470.05long leg$898K$656K25x
OKX AMAT-USDT-SWAP0.0000%8h469.98−0.015%$1.4M$1.6M20xas long as short
Bitget AMATUSDT0.0000%8h470.13+0.017%$2.1M$1.7M20xas long as short
GRVT AMAT_USDT_Perp0.0000%8h469.94−0.023%$188$100K10xas long as short
Vest AMAT-USD-PERP+0.0046%1h469.73−0.068%10xas long as short
tradeXYZ xyz:AMAT+0.0050%1h469.91−0.030%$2.6M$2.3M10xas long as short
Variational Omni AMAT+0.0095%8h469.88−0.035%$65K$44Kas long as short
KuCoin AMATUSDTMshort+0.0100%8h469.61−0.094%$412K$482K20x
SunX AMAT-USDT+0.0100%8h470.53+0.102%$993$365K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX AMAT-USDT+0.0100%8h471.09+0.221%$171K$40K20xas long as short
BloFin AMAT-USDT+0.0138%8h469.73−0.068%$110K$91K20xas long as short
Binance AMATUSDT+0.0158%8h470.08+0.006%$8.9M$12.6M20xas long as short
Extended AMAT-USD+0.0160%1h469.89−0.034%$5K$27K10xas long as short
Phoenix AMAT+0.0204%1h470.04−0.002%$19K$110K10xas long as short
Gate AMAT_USDT+0.0252%8h469.80−0.053%$1.7M$6.4M50xas long as short