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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.091%
Price spread now: KuCoin against Extended−0.187%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.354%−$35 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.187% cheaper against Extended than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended US-USD0.016380.0272pay 0.0034% / 1h14m 44s$3K$97K5x
ShortKuCoin USUSDTM0.016350.0100get 0.0050% / 4h14m 44s$4.1M$294K20x

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

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
−$36.12
Price spread: −0.187% → 0.000%
−$18.7
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$71.82
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell KuCoin live order book, 3 min ago18.66 bp428.0 bp −$428doesn't fitdoesn't fitdoesn'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.

US on 11 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 USUSDT+0.0100%4h0.01639+0.069%$3.2M$928K20xas long as short
Gate US_USDT+0.0100%4h0.01636−0.114%$2.1M$594K20xas long as short
KuCoin USUSDTMshort+0.0100%4h0.01635−0.187%$4.1M$294K20x
Variational Omni US+0.0100%4h0.01639+0.082%$16K$3Kas long as short
Extended US-USDlong+0.0272%1h0.01638long leg$3K$97K5x
MEXC US_USDT+0.0274%4h0.01638+0.027%$5.5M$114K100xas long as short
BloFin US-USDT+0.0277%4h0.01638+0.015%$430K$49K10xas long as short
Binance USUSDT+0.0278%4h0.01638+0.027%$9.1M$3.2M10xas long as short
Aster USUSDT+0.0359%4h0.01637−0.047%$12K$54K5xas long as short
BingX US-USDT+0.0452%4h0.01639+0.069%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0480%4h0.01639+0.082%$4.3M$259K10xas long as short