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

AMAT

RWAall AMAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.1% APRnext payment $1.56 per $10,000 · paid last 24h −0.055%
Price spread now: KuCoin against Gate−0.043%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$3153.146% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.123%+$12 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.043%, 7d avg −0.026%
Together, before fees+0.102%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AMAT_USDT469.500.0256pay 0.0256% / 8h5h 48m$1.7M$6.4M50x
ShortKuCoin AMATUSDTM469.300.0100get 0.0100% / 8h5h 48m$412K$474K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
−$32.76
Price spread: −0.043% → −0.026%
−$1.66
Slippage, 4 orders
−$287.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$349.06
Costs to cover
3.146%
Break-even
never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 49 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 Gate live order book, 5 min ago4.26 bp16.0 bp −$16124.3 bp −$1,243doesn't fitdoesn't fit
Sell KuCoin live order book, 49 min ago9.29 bp128.1 bp −$128doesn't fitdoesn't fitdoesn't fit

AMAT on 15 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
Aster AMATUSDT0.0000%8h469.31−0.040%$10K$11K20xas long as short
Bybit AMATUSDT0.0000%8h469.35−0.032%$899K$653K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h469.88+0.081%$1.4M$1.6M20xas long as short
Bitget AMATUSDT0.0000%8h469.52+0.004%$2.1M$1.7M20xas long as short
GRVT AMAT_USDT_Perp0.0000%8h469.79+0.062%$630$101K10xas long as short
Vest AMAT-USD-PERP+0.0046%1h469.31−0.040%10xas long as short
tradeXYZ xyz:AMAT+0.0050%1h469.05−0.096%$2.6M$2.3M10xas long as short
KuCoin AMATUSDTMshort+0.0100%8h469.30−0.043%$412K$474K20x
SunX AMAT-USDT+0.0100%8h470.09+0.126%$696$366K10xas long as short
HTX AMAT-USDT+0.0100%8h470.24+0.158%$171K$40K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AMAT+0.0158%8h469.66+0.035%$65K$44Kas long as short
Phoenix AMAT+0.0204%1h469.94+0.094%$19K$110K10xas long as short
Binance AMATUSDT+0.0224%8h469.34−0.034%$8.9M$12.6M20xas long as short
Extended AMAT-USD+0.0224%1h469.22−0.060%$5K$27K10xas long as short
Gate AMAT_USDTlong+0.0256%8h469.50long leg$1.7M$6.4M50x