Funding you earn now, next payment 08:00 UTC+0.1290%/8h= +141.3% APRnext payment +$6.45 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Bitget+0.059%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$534as in the Funding arb table
Net, price: spread back to 7d avg − costs−$547as in the Price arb table
costs, in and out, $10k−$5575.565% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.059%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and KuCoin is 0.100% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.040%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.227% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.45 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 | Bitget ALCHUSDT | 0.05071 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $894K | $1.8M | 10x |
| Short | KuCoin ALCHUSDTM | 0.05074 | 0.1390 | get 0.0695% / 4h | 3h 58m | $1.2M | $272K | 10x |
Bitget ALCHUSDT
KuCoin ALCHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $270.9
- Price spread: +0.059% → −0.040%
- $9.95
- Slippage, 4 orders
- −$532.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$275.68
- Costs to cover
- 5.565%
- Break-even
- 14.1 days
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 6 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 Bitget live order book, 3 min ago | 12.78 bp | 30.9 bp −$31 | 198.9 bp −$1,989 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 28.59 bp | 175.9 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05078 | +0.138% | $3.0M | $6.2M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05085 | +0.276% | $290K | $690K | 20x | as long as short |
| Bitget ALCHUSDTlong | +0.0100% | 4h | 0.05071 | long leg | $894K | $1.8M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05080 | +0.180% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.0765% | 4h | 0.05083 | +0.237% | $12K | $109K | 5x | as long as short |
| BingX ALCH-USDT | +0.0780% | 4h | 0.05080 | +0.177% | — | $6.7M | — | as long as short |
| MEXC ALCH_USDT | +0.0830% | 4h | 0.05082 | +0.217% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDT | +0.0831% | 4h | 0.05086 | +0.288% | $6.0M | $27.6M | 10x | as long as short |
| BloFin ALCH-USDT | +0.0857% | 4h | 0.05077 | +0.118% | $396K | $113K | 10x | as long as short |
| KuCoin ALCHUSDTMshort | +0.1390% | 4h | 0.05074 | +0.059% | $1.2M | $272K | 10x |
Bybit ALCHUSDT
Gate ALCH_USDT
Variational Omni ALCH
Aster ALCHUSDT
BingX ALCH-USDT
MEXC ALCH_USDT
Binance ALCHUSDT
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3089% | 1h | 0.05076 | +0.107% | $12K | $34K | 10x | as long as short |
Kraken Futures PF_ALCHUSD