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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0560%/8h= −61.3% APRnext payment $2.80 per $10,000 · paid last 24h −0.201%
Price spread now: KuCoin against MEXC−0.015%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1791.787% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.633%−$163 on $10k
Price spread, last 7 days+0.081%+$8 · spread now −0.015%, 7d avg −0.123%
Together, before fees−1.552%−$155 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.108% dearer against MEXC than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.123%): +$11 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BR_USDT1.14730.0888pay 0.0444% / 4h3h 21m$15.5M$6.1M100x
ShortKuCoin BRUSDTM1.14720.0328get 0.0164% / 4h3h 21m$5.0M$4.7M30x

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
−$117.6
Price spread: −0.015% → −0.123%
$10.78
Slippage, 4 orders
−$162.69
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$285.52
Costs to cover
1.787%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 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 MEXC live order book, 2 min ago2.41 bp33.2 bp −$3364.2 bp −$642199.7 bp −$20.0K403.8 bp −$201.9K
Sell KuCoin live order book, 6 min ago2.63 bp43.1 bp −$43doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.1458−0.132%$5.5Mas long as short
Bybit BRUSDT+0.0100%4h1.1453−0.175%$11.1M$20.7M5xas long as short
SunX BR-USDT+0.0100%4h1.1439−0.304%$731K10xas long as short
HTX BR-USDT+0.0100%4h1.1464−0.085%$87K$220K20xas long as short
Variational Omni BR+0.0105%4h1.1385−0.769%$271K$253Kas long as short
Aster BRUSDT+0.0215%4h1.1445−0.245%$666K$2.2M5xas long as short
KuCoin BRUSDTMshort+0.0328%4h1.1472−0.015%$5.0M$4.7M30x
Bitget BRUSDT+0.0394%4h1.1476+0.022%$8.4M$9.1M10xas long as short
Gate BR_USDT+0.0484%4h1.1470−0.033%$7.6M$7.8M20xas long as short
Binance BRUSDT+0.0885%4h1.1474+0.004%$54.6M$126.7M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDTlong+0.0888%4h1.1473long leg$15.5M$6.1M100x