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

DEEP

all DEEP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BingX+0.303%7-day average +0.230% · you sell dearer than you buy
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5265.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.303%, 7d avg +0.230%
Together, before fees−0.046%−$5 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 0.073% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.230%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.019830.0100pay 0.0050% / 4h2h 01m$6.6M
ShortKuCoin DEEPUSDTM0.019890.0100get 0.0050% / 4h2h 01m$1.8M$93K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.303% → +0.230%
$7.28
Slippage, 4 orders
−$504.31
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$519.04
Costs to cover
5.263%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 4 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 BingX live order book, 5 min ago7.60 bp25.9 bp −$2677.1 bp −$771641.1 bp −$64.1K1169.0 bp −$584.5K
Sell KuCoin live order book, 4 min ago15.17 bp304.2 bp −$304doesn't fitdoesn't fitdoesn't fit

DEEP 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
Binance DEEPUSDT+0.0100%4h0.01983−0.001%$2.1M$6.2M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01980−0.151%$4.3M$2.7M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01978−0.252%$306K$98K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01984+0.050%$1.1M$543K100xas long as short
KuCoin DEEPUSDTMshort+0.0100%4h0.01989+0.303%$1.8M$93K20x
Bitget DEEPUSDT+0.0100%4h0.019830.000%$819K$602K50xas long as short
BingX DEEP-USDTlong+0.0100%4h0.01983long leg$6.6M
Variational Omni DEEP+0.0100%8h0.01970−0.673%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01982−0.027%$3K$199K5xas long as short
Bluefin DEEP-PERP+0.0199%1h0.01979−0.202%$81K$13K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DEEPUSD+2.4285%1h0.01990+0.338%$7K$7K10xas long as short