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

ESPORTS

all ESPORTS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1161%/8h= −127.1% APRnext payment $5.80 per $10,000 · paid last 24h +0.088%
Price spread now: KuCoin against Binance+0.164%7-day average −0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,777as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,647as in the Price arb table
costs, in and out, $10k−$1,67816.784% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.984%−$98 on $10k
Price spread, last 4 days (all we have)−0.517%−$52 · spread now +0.164%, 7d avg −0.148%
Together, before fees−1.501%−$150 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.312% dearer against Binance than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of −0.148%): +$31 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.984% in total) that is about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ESPORTSUSDT0.010390.2527pay 0.1263% / 4h2h 58m$5.8M$4.5M10x
ShortKuCoin ESPORTSUSDTM0.010410.1366get 0.0683% / 4h2h 58m$793K$53K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
−$243.75
Price spread: +0.164% → −0.148%
$31.22
Slippage, 4 orders
−$1,656.45
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,890.98
Costs to cover
16.784%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 56 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 Binance live order book, 10 min ago4.77 bp34.5 bp −$35202.7 bp −$2,027doesn't fitdoesn't fit
Sell KuCoin live order book, 56 min ago24.10 bp948.1 bp −$948doesn't fitdoesn't fitdoesn't fit

ESPORTS on 8 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 ESPORTS+0.0853%4h0.01043+0.387%$31K$507as long as short
KuCoin ESPORTSUSDTMshort+0.1366%4h0.01041+0.164%$793K$53K10x
Bybit ESPORTSUSDT+0.2021%4h0.01041+0.164%$1.8M$1.0M10xas long as short
Gate ESPORTS_USDT+0.2054%4h0.01041+0.164%$377K$552K10xas long as short
Aster ESPORTSUSDT+0.2142%4h0.01040+0.043%$142K$69K5xas long as short
BingX ESPORTS-USDT+0.2396%4h0.01041+0.164%$1.4Mas long as short
MEXC ESPORTS_USDT+0.2506%4h0.01040+0.068%$1.4M$181K20xas long as short
Binance ESPORTSUSDTlong+0.2527%4h0.01039long leg$5.8M$4.5M10x