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

ALGO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.035%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.169%−$17 on $10k
Price spread, last 7 days+0.089%+$9 · spread now −0.035%, 7d avg +0.042%
Together, before fees−0.080%−$8 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 0.077% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ALGOUSDT0.11280.0100pay 0.0100% / 8h51m 48s$5.7M$3.6M75x
ShortKuCoin ALGOUSDTM0.11280.0100get 0.0100% / 8h51m 48s$3.6M$1.5M50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.035% → +0.042%
−$7.75
Slippage, 4 orders
−$111.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$142.81
Costs to cover
1.351%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago4.43 bp17.6 bp −$1823.9 bp −$239doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago4.00 bp56.1 bp −$56189.7 bp −$1,897doesn't fitdoesn't fit

ALGO on 22 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
Deribit ALGO_USDC-PERPETUAL−0.0548%1h0.1126−0.142%$102K$50K25xas long as short
Kraken Futures PF_ALGOUSD−0.0157%1h0.1127−0.090%$838K$1.2M50xas long as short
Coinbase International ALGO-PERP-INTX−0.0112%1h0.1121−0.656%$62K$332K50xas long as short
Bybit ALGOUSDT−0.0098%8h0.1127−0.106%$11.3M$12.3M75xas long as short
Variational Omni ALGO−0.0082%8h0.1125−0.302%$65K$10Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1127−0.080%$6K150xas long as short
Injective ALGO/USDC PERP+0.0026%1h0.1120−0.709%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1130+0.142%$3.8M$1.9M5xas long as short
Aster ALGOUSDT+0.0100%8h0.1127−0.058%$44K$36K5xas long as short
Binance ALGOUSDT+0.0100%8h0.1128−0.030%$9.9M$34.8M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1127−0.053%$3.0M$7.8M50xas long as short
Gate ALGO_USDT+0.0100%8h0.1127−0.115%$889K$834K50xas long as short
MEXC ALGO_USDT+0.0100%8h0.1128−0.027%$23.4M$2.8M200xas long as short
KuCoin ALGOUSDTMshort+0.0100%8h0.1128−0.035%$3.6M$1.5M50x
Bitget ALGOUSDTlong+0.0100%8h0.1128long leg$5.7M$3.6M75x
BingX ALGO-USDT+0.0100%8h0.1127−0.089%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1127−0.124%$66K$109K75xas long as short
Phemex ALGOUSDT+0.0100%8h0.11280.000%$3.8M$1.8M50xas long as short
Extended ALGO-USD+0.0104%1h0.1127−0.082%$7K$210K10xas long as short
BloFin ALGO-USDT+0.0220%8h0.1127−0.124%$490K$796K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0260% / S −0.0195%1h0.1128−0.043%$5K100xas long as short
dYdX ALGO-USD+0.1635%1h0.1127−0.063%$162K$3K5xas long as short