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

B2

all B2 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0442%/8h= +48.4% APRnext payment +$2.21 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against MEXC+0.060%7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$2162.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.336%−$34 on $10k
Price spread, last 4 days (all we have)−0.462%−$46 · spread now +0.060%, 7d avg −0.156%
Together, before fees−0.798%−$80 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.216% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.156%. Mind the row above: over the last 7 days funding on this pair cost −0.336%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC B2_USDT0.50170.0100pay 0.0050% / 4h1h 21m$541K$349K100x
ShortKuCoin B2USDTM0.50200.0542get 0.0271% / 4h1h 21m$999K$300K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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
$92.82
Price spread: +0.060% → −0.156%
$21.56
Slippage, 4 orders
−$195.88
Fee MEXC: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$101.5
Costs to cover
2.159%
Break-even
14.7 days
Slippage from MEXC: live order book, 14 min ago; KuCoin: live order book, 33 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 MEXC live order book, 14 min ago2.00 bp20.4 bp −$2092.8 bp −$928214.8 bp −$21.5Kdoesn't fit
Sell KuCoin live order book, 33 min ago9.90 bp90.6 bp −$91doesn't fitdoesn't fitdoesn't fit

B2 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
Binance B2USDT+0.0100%4h0.5018+0.024%$8.2M$10.0M50xas long as short
Bybit B2USDT+0.0100%4h0.5012−0.100%$1.6M$2.0M20xas long as short
MEXC B2_USDTlong+0.0100%4h0.5017long leg$541K$349K100x
Bitget B2USDT+0.0100%4h0.5010−0.140%$2.8M$849K50xas long as short
BingX B2-USDT+0.0100%4h0.5015−0.040%$1.4Mas long as short
Aster B2USDT+0.0220%4h0.5014−0.062%$156K$168K5xas long as short
Variational Omni B2+0.0312%4h0.5012−0.097%$14K$2Kas long as short
KuCoin B2USDTMshort+0.0542%4h0.5020+0.060%$999K$300K50x
Gate B2_USDT+0.0974%4h0.5019+0.040%$909K$403K20xas long as short