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

BB

all BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate−0.109%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$977as in the Funding arb table
Net, price: spread back to 7d avg − costs−$995as in the Price arb table
costs, in and out, $10k−$9789.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.109%, 7d avg +0.055%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.165% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BB_USDT0.0091400.0100pay 0.0050% / 4h2h 52m$136K$231K50x
ShortKuCoin BBUSDTM0.0091300.0100get 0.0050% / 4h2h 52m$448K$97K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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: −0.109% → +0.055%
−$16.47
Slippage, 4 orders
−$951.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$994.8
Costs to cover
9.783%
Break-even
never at this rate
Slippage from Gate: live order book, 54 min ago; KuCoin: live order book, 6 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 Gate live order book, 54 min ago16.33 bp104.2 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago21.98 bp244.3 bp −$244doesn't fitdoesn't fitdoesn't fit

BB 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
Kraken Futures PF_BBUSD−0.0381%1h0.009113−0.297%$21K$3K10xas long as short
Aster BBUSDT+0.0100%4h0.009134−0.061%$13K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009133−0.078%$3.3M$7.0M50xas long as short
Gate BB_USDTlong+0.0100%4h0.009140long leg$136K$231K50x
MEXC BB_USDT+0.0100%4h0.009130−0.109%$1.4M$574K100xas long as short
KuCoin BBUSDTMshort+0.0100%4h0.009130−0.109%$448K$97K50x
Bitget BBUSDT+0.0100%4h0.009130−0.109%$343K$496K50xas long as short
Bybit BBUSDT+0.0371%4h0.009141+0.011%$691K$813K25xas long as short
BingX BB-USDT+0.0531%4h0.009129−0.120%$1.3Mas long as short