Funding you earn now, next payment 04:00 UTC−0.0922%/8h= −101.0% APRnext payment −$4.61 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against KuCoin+0.067%7-day average −0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,166as in the Price arb table
costs, in and out, $10k−$1,18411.837% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 7 days−0.250%−$25 · spread now +0.067%, 7d avg −0.106%
=The price spread pays, funding is against you. Bitget is 0.173% dearer against KuCoin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.106%): +$17 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.115% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AEONUSDTM | 0.05957 | 0.1022 | pay 0.0511% / 4h | 50m 55s | $1.0M | $1.6M | 20x |
| Short | Bitget AEONUSDT | 0.05961 | 0.0100 | get 0.0050% / 4h | 50m 55s | $2.1M | $708K | 20x |
KuCoin AEONUSDTM
Bitget AEONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$193.62
- Price spread: +0.067% → −0.106%
- $17.34
- Slippage, 4 orders
- −$1,159.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,360.03
- Costs to cover
- 11.837%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 1 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, 5 min ago | 7.52 bp | 475.4 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.38 bp | 92.5 bp −$93 | 746.5 bp −$7,465 | doesn't fit | doesn't fit |
AEON on 6 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 AEONUSDT | +0.0100% | 1h | 0.05936 | −0.358% | $34K | $29K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.05958 | +0.017% | $485K | $151K | 25x | as long as short |
| Gate AEON_USDT | +0.0100% | 4h | 0.05983 | +0.436% | $582K | $242K | 20x | as long as short |
| Bitget AEONUSDTshort | +0.0100% | 4h | 0.05961 | +0.067% | $2.1M | $708K | 20x | |
| KuCoin AEONUSDTMlong | +0.1022% | 4h | 0.05957 | long leg | $1.0M | $1.6M | 20x | |
| OKX AEON-USDT-SWAP | +0.1366% | 4h | 0.05949 | −0.134% | $1.7M | $5.5M | 20x | as long as short |
Aster AEONUSDT
Bybit AEONUSDT
Gate AEON_USDT
OKX AEON-USDT-SWAP