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

F

all F markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against KuCoin+0.070%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$325as in the Price arb table
costs, in and out, $10k−$3373.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.564%−$56 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.070%, 7d avg −0.046%
Together, before fees−0.633%−$63 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: Binance is 0.116% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin FUSDTM0.0036500.0100pay 0.0050% / 4h1h 08m$593K$957K30x
ShortBinance FUSDT0.0036530.0100get 0.0050% / 4h1h 08m$3.6M$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.070% → −0.046%
$11.58
Slippage, 4 orders
−$314.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$325.15
Costs to cover
3.367%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 8 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 KuCoin live order book, 4 min ago1.37 bp185.1 bp −$185doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago1.37 bp19.7 bp −$2065.4 bp −$654doesn't fitdoesn't fit

F on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX F-USDT-SWAP−0.0001%4h0.003648−0.055%$751K$2.0M20xas long as short
Aster FUSDT+0.0100%4h0.003666+0.433%$15K$26K5xas long as short
Binance FUSDTshort+0.0100%4h0.003653+0.070%$3.6M$5.4M50x
Bybit FUSDT+0.0100%4h0.003648−0.055%$2.3M$1.8M25xas long as short
Gate F_USDT+0.0100%8h0.003648−0.055%$132K$796K25xas long as short
MEXC F_USDT+0.0100%4h0.003651+0.027%$600K$160K50xas long as short
KuCoin FUSDTMlong+0.0100%4h0.003650long leg$593K$957K30x
Bitget FUSDT+0.0100%4h0.0036500.000%$478K$601K50xas long as short
BingX F-USDT+0.0100%4h0.0036500.000%$6.6Mas long as short
Variational Omni F+0.0100%4h0.003643−0.190%$639$264as long as short