data as of
Settings8H · net · $10k
Price arb /

M

all M markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$505
spread now−1.111%7d average−0.916%fees + slippage, in and out−$485spread needed4.853%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX M-USDT1.48590.0100pay 0.0050% / 4h2h 14m$2K$509K20x
ShortKuCoin MUSDTM1.46940.1888get 0.0944% / 4h2h 14m$1.4M$4.1M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$111.11
Funding while held
$53.64
Slippage, 4 orders
−$463.31
Fee SunX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$542.79
Spread needed to break even
4.853%
Slippage from SunX: live order book, 15 min ago; KuCoin: live order book, 9 min ago.

Cost of waiting

funding view
Funding /8h
+0.1788%
Per $10,000 a day
+$53.64
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 15 min ago29.83 bp121.3 bp −$121doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago28.08 bp112.8 bp −$113doesn't fitdoesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTMshort−1.111%+0.1888%4h$1.4M$4.1M10x
Gate M_USDT−0.222%+0.0100%8h$2.0M$1.0M10xas long as short
Bitget MUSDT−0.175%+0.0100%4h$1.9M$418K10xas long as short
Bybit MUSDT−0.128%+0.0100%4h$4.7M$2.7M20xas long as short
Variational Omni M−0.099%+0.0100%4h$91K$43Kas long as short
BingX M-USDT−0.081%+0.0524%4h$2.4Mas long as short
SunX M-USDTlong0.000%+0.0100%4h$2K$509K20x
MEXC M_USDT+0.034%+0.0562%4h$249K$120K50xas long as short
Binance MUSDT+0.037%+0.0571%4h$5.5M$5.2M10xas long as short
Aster MUSDT+0.042%+0.0397%4h$16K$121K5xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin M-USDT+0.067%+0.0593%4h$360K$452K10xas long as short
Orderly PERP_M_USDC+0.087%+0.0100%4h$2K$21910xas long as short