Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against KuCoin+0.451%7-day average +0.218% · you sell dearer than you buy

Net, funding: paid 7d − costs−$333as in the Funding arb table

Net, price: spread back to 7d avg − costs−$308as in the Price arb table

costs, in and out, $10k−$3313.314% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 3 days (all we have)−0.346%−$35 · spread now +0.451%, 7d avg +0.218%

Together, before fees−0.364%−$36 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: HTX is 0.234% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.218%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AMATUSDTM	469.80	0.0100	pay 0.0100% / 8h	6h 14m	$414K	$473K	20x
Short	HTX AMAT-USDT	471.92	0.0100	get 0.0100% / 8h	6h 14m	$172K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.451%Rate

Funding earned: $0
Price spread: +0.451% → +0.218%: $23.36
Slippage, 4 orders: −$307.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$308.01
Costs to cover: 3.314%
Break-even: never at this rate

Slippage from KuCoin: live order book, 23 min ago; HTX: live order book, 52 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, 23 min ago	9.29 bp	141.7 bp −$142	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 52 min ago	17.46 bp	32.0 bp −$32	82.5 bp −$825	doesn't fit	doesn't fit

AMAT on 15 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
Aster AMATUSDT	0.0000%	8h	470.49	+0.146%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.26	+0.098%	$900K	$654K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	470.38	+0.123%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.53	+0.155%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	470.09	+0.062%	$226	$98K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	470.26	+0.098%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.18	+0.081%	$2.6M	$2.3M	10x	as long as short
KuCoin AMATUSDTMlong	+0.0100%	8h	469.80	long leg	$414K	$473K	20x
SunX AMAT-USDT	+0.0100%	8h	470.75	+0.202%	$974	$373K	10x	as long as short
HTX AMAT-USDTshort	+0.0100%	8h	471.92	+0.451%	$172K	$39K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AMAT	+0.0219%	8h	470.24	+0.094%	$66K	$44K	—	as long as short
Phoenix AMAT	+0.0220%	1h	470.33	+0.113%	$19K	$110K	10x	as long as short
Extended AMAT-USD	+0.0272%	1h	470.31	+0.109%	$5K	$27K	10x	as long as short
Binance AMATUSDT	+0.0273%	8h	470.43	+0.134%	$8.9M	$12.6M	20x	as long as short
Gate AMAT_USDT	+0.0357%	8h	470.20	+0.085%	$1.7M	$6.4M	50x	as long as short