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: KuCoin against SunX−0.126%7-day average −0.015% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on KuCoin

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)+0.110%+$11 · spread now −0.126%, 7d avg −0.015%

Together, before fees+0.129%+$13 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: KuCoin is 0.110% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AMAT-USDT	469.23	0.0100	pay 0.0100% / 8h	7h 45m	$1K	$379K	10x
Short	KuCoin AMATUSDTM	468.64	0.0100	get 0.0100% / 8h	7h 45m	$412K	$446K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.126%Rate

Funding earned: $0
Price spread: −0.126% → −0.015%: −$11.04
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$31.04
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; KuCoin: live order book, 7 min ago. Net counts fees only.

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 SunX live order book, 5 min ago	500.05 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	7.27 bp	166.6 bp −$167	doesn't fit	doesn't fit	doesn't fit

AMAT on 16 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	469.31	+0.017%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	469.16	−0.015%	$921K	$629K	25x	as long as short
Bitget AMATUSDT	0.0000%	8h	469.31	+0.017%	$2.1M	$1.7M	20x	as long as short
OKX AMAT-USDT-SWAP	+0.0021%	8h	469.27	+0.009%	$1.4M	$1.6M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	468.98	−0.053%	—	—	10x	as long as short
KuCoin AMATUSDTMshort	+0.0100%	8h	468.64	−0.126%	$412K	$446K	20x
SunX AMAT-USDTlong	+0.0100%	8h	469.23	long leg	$1K	$379K	10x
HTX AMAT-USDT	+0.0100%	8h	470.26	+0.220%	$171K	$39K	20x	as long as short
Gate AMAT_USDT	+0.0238%	8h	469.00	−0.049%	$1.8M	$6.4M	50x	as long as short
GRVT AMAT_USDT_Perp	+0.0244%	8h	468.91	−0.068%	$347	$98K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0292%	1h	469.11	−0.026%	$19K	$131K	10x	as long as short
Variational Omni AMAT	+0.0392%	8h	469.16	−0.015%	$87K	$24K	—	as long as short
BloFin AMAT-USDT	+0.0442%	8h	469.08	−0.032%	$109K	$82K	20x	as long as short
Extended AMAT-USD	+0.0464%	1h	468.94	−0.062%	$5K	$27K	10x	as long as short
Binance AMATUSDT	+0.0464%	8h	469.04	−0.041%	$8.9M	$12.6M	20x	as long as short
tradeXYZ xyz:AMAT	+0.0494%	1h	469.11	−0.026%	$2.7M	$2.4M	10x	as long as short