Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: KuCoin against Bitget+0.030%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2102.104% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.030%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ANIMEUSDT | 0.003310 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $846K | $145K | 10x |
| Short | KuCoin ANIMEUSDTM | 0.003311 | 0.0100 | get 0.0050% / 4h | 2h 37m | $433K | $58K | 20x |
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 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: +0.030% → −0.017%
- $4.7
- Slippage, 4 orders
- −$186.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$205.66
- Costs to cover
- 2.104%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; KuCoin: live order book, 20 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, 8 min ago | 4.49 bp | 25.6 bp −$26 | 517.1 bp −$5,171 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 5.99 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | −0.0041% | 1h | 0.003315 | +0.143% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003315 | +0.151% | $289K | $83K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003312 | +0.072% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003319 | +0.274% | $1.3M | $1.6M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003314 | +0.121% | $680K | $270K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003318 | +0.242% | $424K | $508K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003305 | −0.151% | $138K | $55K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003317 | +0.211% | $205K | $88K | 20x | as long as short |
| KuCoin ANIMEUSDTMshort | +0.0100% | 4h | 0.003311 | +0.030% | $433K | $58K | 20x | |
| Bitget ANIMEUSDTlong | +0.0100% | 4h | 0.003310 | long leg | $846K | $145K | 10x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDT | +0.0100% | 4h | 0.003313 | +0.091% | — | $6.5M | — | as long as short |
| Variational Omni ANIME | +0.0100% | 4h | 0.003324 | +0.423% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003313 | +0.091% | $809 | — | 100x | as long as short |
Bitget ANIMEUSDT
KuCoin ANIMEUSDTM
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
BingX ANIME-USDT
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]