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

ESPORTS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0637%/8h= −69.8% APRnext payment $3.19 per $10,000 · paid last 24h +0.096%
Price spread now: KuCoin against BingX−0.292%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,555as in the Price arb table
costs, in and out, $10k−$1,55015.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.979%−$98 on $10k
Price spread, last 4 days (all we have)−0.536%−$54 · spread now −0.292%, 7d avg −0.243%
Together, before fees−1.515%−$151 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.243%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ESPORTS-USDT0.010280.1889pay 0.0945% / 4h1h 02m$1.4M
ShortKuCoin ESPORTSUSDTM0.010250.1252get 0.0626% / 4h1h 02m$774K$42K10x

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
−$133.81
Price spread: −0.292% → −0.243%
−$4.89
Slippage, 4 orders
−$1,528.1
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,688.8
Costs to cover
15.501%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 31 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, 9 min ago4.84 bp27.6 bp −$28147.2 bp −$1,472doesn't fitdoesn't fit
Sell KuCoin live order book, 31 min ago29.07 bp886.1 bp −$886doesn'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
Bybit ESPORTSUSDT+0.0121%4h0.010280.000%$1.8M$1.1M10xas long as short
Variational Omni ESPORTS+0.0539%4h0.01026−0.165%$31K$507as long as short
Gate ESPORTS_USDT+0.0648%4h0.010280.000%$367K$573K10xas long as short
KuCoin ESPORTSUSDTMshort+0.1252%4h0.01025−0.292%$774K$42K10x
Aster ESPORTSUSDT+0.1380%4h0.01027−0.145%$125K$86K5xas long as short
MEXC ESPORTS_USDT+0.1826%4h0.01027−0.097%$1.3M$186K20xas long as short
Binance ESPORTSUSDT+0.1826%4h0.01027−0.139%$5.7M$4.6M10xas long as short
BingX ESPORTS-USDTlong+0.1889%4h0.01028long leg$1.4M