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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.093%
Price spread now: Extended against KuCoin+0.464%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,271as in the Price arb table
costs, in and out, $10k−$1,31713.174% of the position
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.464% dearer against KuCoin than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USUSDTM0.016240.0100pay 0.0050% / 4h3h 20m$4.0M$336K20x
ShortExtended US-USD0.016310.0272get 0.0034% / 1h20m 57s$3K$133K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$36.12
Price spread: +0.464% → 0.000%
$46.4
Slippage, 4 orders
−$1,300.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$1,234.84
Costs to cover
13.174%
Break-even
246.3 days
Slippage from KuCoin: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago12.02 bp585.7 bp −$586doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 2 min ago4.60 bp135.6 bp −$136doesn't fitdoesn't fitdoesn't fit

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%4h0.01633+0.579%$3.2M$936K20xas long as short
Gate US_USDT+0.0100%4h0.01630+0.388%$2.0M$595K20xas long as short
KuCoin USUSDTMlong+0.0100%4h0.01624long leg$4.0M$336K20x
Variational Omni US+0.0100%4h0.01633+0.574%$16K$3Kas long as short
BloFin US-USDT+0.0260%4h0.01632+0.511%$480K$49K10xas long as short
Aster USUSDT+0.0266%4h0.01631+0.459%$12K$54K5xas long as short
Extended US-USDshort+0.0272%1h0.01631+0.464%$3K$133K5x
MEXC US_USDT+0.0274%4h0.01632+0.499%$5.5M$115K100xas long as short
Binance USUSDT+0.0276%4h0.01632+0.486%$9.1M$3.2M10xas long as short
BingX US-USDT+0.0468%4h0.01633+0.536%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0478%4h0.01633+0.573%$4.3M$259K10xas long as short