Funding arb · Price arb /

SPACE

all SPACE markets

Swap Backtest

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 −0.002%

Price spread now: Binance against KuCoin+0.194%7-day average +0.112% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,013as in the Funding arb table

Net, price: spread back to 7d avg − costs−$987as in the Price arb table

costs, in and out, $10k−$9959.955% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.194%, 7d avg +0.112%

Together, before fees−0.452%−$45 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 0.082% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.112%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPACEUSDTM	0.005154	0.0100	pay 0.0050% / 4h	3h 26m	$660K	$97K	20x
Short	Binance SPACEUSDT	0.005164	0.0100	get 0.0050% / 4h	3h 26m	$1.8M	$2.3M	50x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.194%Rate

Funding earned: $0
Price spread: +0.194% → +0.112%: $8.2
Slippage, 4 orders: −$973.47
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$987.27
Costs to cover: 9.955%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 8 min ago	19.29 bp	538.4 bp −$538	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.93 bp	27.9 bp −$28	151.7 bp −$1,517	doesn't fit	doesn't fit

SPACE on 9 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
BloFin SPACE-USDT	+0.0085%	4h	0.005169	+0.291%	$163K	$12K	50x	as long as short
Binance SPACEUSDTshort	+0.0100%	4h	0.005164	+0.194%	$1.8M	$2.3M	50x
Bybit SPACEUSDT	+0.0100%	4h	0.005157	+0.058%	$803K	$170K	13x	as long as short
OKX SPACE-USDT-SWAP	+0.0100%	4h	0.005148	−0.116%	$1.6M	$1.3M	20x	as long as short
Gate SPACE_USDT	+0.0100%	4h	0.005156	+0.039%	$774K	$319K	20x	as long as short
MEXC SPACE_USDT	+0.0100%	4h	0.005169	+0.291%	$474K	$169K	20x	as long as short
KuCoin SPACEUSDTMlong	+0.0100%	4h	0.005154	long leg	$660K	$97K	20x
Bitget SPACEUSDT	+0.0100%	4h	0.005153	−0.019%	$904K	$271K	20x	as long as short
Aster SPACEUSDT	+0.1461%	4h	0.005158	+0.078%	$17K	$37K	5x	as long as short