Funding arb · Price arb /

H

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%

Price spread now: KuCoin against Extended−0.134%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.134% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended H-USD	0.06914	0.0104	pay 0.0013% / 1h	19m 59s	$10K	$95K	5x
Short	KuCoin HUSDTM	0.06905	0.0100	get 0.0050% / 4h	1h 19m	$1.6M	$10.2M	8x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee KuCoinbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$0.84
Price spread: −0.134% → 0.000%: −$13.44
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.28
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 8 min ago	5.06 bp	278.5 bp −$278	doesn't fit	doesn't fit	doesn't fit

Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.608%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06903	−0.165%	$112K	$58K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06899	−0.221%	$14.7M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06888	−0.382%	$7.6M	$5.0M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06905	−0.134%	$1.8M	$6.5M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06899	−0.221%	$2.8M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06913	−0.019%	$6.2M	$1.2M	20x	as long as short
KuCoin HUSDTMshort	+0.0100%	4h	0.06905	−0.134%	$1.6M	$10.2M	8x
Bitget HUSDT	+0.0100%	4h	0.06907	−0.105%	$1.7M	$447K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06908	−0.091%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06896	−0.268%	$9K	$6K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06910	−0.062%	$1.2M	$465K	10x	as long as short
Extended H-USDlong	+0.0104%	1h	0.06914	long leg	$10K	$95K	5x
BloFin H-USDT	+0.0115%	4h	0.06904	−0.149%	$594K	$111K	25x	as long as short