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: Bitget against KuCoin−0.045%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1971.967% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.045%, 7d avg −0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1110 | 0.0100 | pay 0.0100% / 8h | 4h 26m | $3.5M | $1.5M | 50x |
| Short | Bitget ALGOUSDT | 0.1110 | 0.0100 | get 0.0100% / 8h | 4h 26m | $5.5M | $3.6M | 75x |
Funding 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
- $0
- Price spread: −0.045% → −0.040%
- −$0.51
- Slippage, 4 orders
- −$172.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$197.2
- Costs to cover
- 1.967%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 2 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, 6 min ago | 6.32 bp | 87.7 bp −$88 | 214.7 bp −$2,147 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.51 bp | 24.0 bp −$24 | 45.0 bp −$450 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0020% | 1h | 0.1110 | −0.054% | $88K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1110 | −0.069% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.855% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +0.531% | $88K | $290K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1111 | +0.036% | $3.6M | $2.1M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.033% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1110 | −0.009% | $9.6M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1109 | −0.099% | $11.1M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1111 | +0.018% | $2.8M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.045% | $863K | $905K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1110 | −0.018% | $23.0M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTMlong | +0.0100% | 8h | 0.1110 | long leg | $3.5M | $1.5M | 50x | |
| Bitget ALGOUSDTshort | +0.0100% | 8h | 0.1110 | −0.045% | $5.5M | $3.6M | 75x | |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1109 | −0.117% | — | $3.3M | — | as long as short |
| Variational Omni ALGO | +0.0100% | 8h | 0.1109 | −0.175% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1110 | −0.072% | $60K | $136K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1110 | −0.080% | $6K | $231K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0127% | 8h | 0.1112 | +0.135% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1110 | −0.045% | $476K | $875K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1110 | −0.068% | $6K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0378% | 1h | 0.1111 | +0.021% | $821K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.0940% | 1h | 0.1111 | +0.026% | $160K | $4K | 5x | as long as short |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
BingX ALGO-USDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD