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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0696%/8h= +76.2% APRnext payment +$3.48 per $10,000 · paid last 24h +0.129%
Price spread now: KuCoin against SunX−0.148%7-day average +0.038% · 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 7 days+0.993%+$99 on $10k
Price spread, last 4 days (all we have)+0.125%+$12 · spread now −0.148%, 7d avg +0.038%
Together, before fees+1.118%+$112 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.186% cheaper against SunX than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of +0.038%). If the spread goes back, that is −$19 on $10k: about 21 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.020270.0100pay 0.0050% / 4h16m 41s$2K$1.3M20x
ShortKuCoin 4USDTM0.020240.0796get 0.0398% / 4h16m 41s$868K$12.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$146.16
Price spread: −0.148% → +0.038%
−$18.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$107.54
Costs to cover
0.200%
Break-even
1.8 days
Slippage unknown: SunX: live order book, 8 min ago; KuCoin: live order book, 2 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 SunX live order book, 8 min ago503.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.47 bp37.7 bp −$38doesn't fitdoesn't fitdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02021−0.280%$46K$8Kas long as short
SunX 4-USDTlong+0.0100%4h0.02027long leg$2K$1.3M20x
Bybit 4USDT+0.0213%4h0.02023−0.187%$2.6M$2.0M5xas long as short
Binance 4USDT+0.0261%4h0.02024−0.142%$7.9M$13.0M20xas long as short
MEXC 4_USDT+0.0270%4h0.02024−0.148%$1.5M$920K100xas long as short
BingX 4-USDT+0.0294%4h0.02025−0.099%$1.4Mas long as short
Aster 4USDT+0.0331%4h0.02025−0.105%$241K$111K5xas long as short
Gate 4_USDT+0.0428%4h0.02024−0.123%$541K$291K20xas long as short
KuCoin 4USDTMshort+0.0796%4h0.02024−0.148%$868K$12.5M20x