Funding you earn now, next payment 08:00 UTC+0.0670%/8h= +73.4% APRnext payment +$3.35 per $10,000 · paid last 24h +0.136%
Price spread now: KuCoin against Bitget+0.081%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$741as in the Price arb table
costs, in and out, $10k−$7517.513% of the position
Funding, last 7 days+0.518%+$52 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.081%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.104% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APRUSDT | 0.1483 | 0.0188 | pay 0.0094% / 4h | 2h 37m | $4.0M | $995K | 50x |
| Short | KuCoin APRUSDTM | 0.1484 | 0.0858 | get 0.0429% / 4h | 2h 37m | $2.4M | $343K | 50x |
Bitget APRUSDT
KuCoin APRUSDTMFunding 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
- $140.7
- Price spread: +0.081% → −0.023%
- $10.36
- Slippage, 4 orders
- −$727.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$600.24
- Costs to cover
- 7.513%
- Break-even
- 36.9 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago | 8.07 bp | 30.1 bp −$30 | 340.7 bp −$3,407 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 10.11 bp | 191.3 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1486 | +0.199% | $6.8M | $5.1M | 50x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1485 | +0.142% | $372K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1484 | +0.074% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1488 | +0.344% | $19K | $44K | 20x | as long as short |
| BloFin APR-USDT | +0.0120% | 4h | 0.1480 | −0.196% | $288K | $110K | 50x | as long as short |
| Bybit APRUSDT | +0.0185% | 4h | 0.1485 | +0.142% | $1.5M | $631K | 20x | as long as short |
| Bitget APRUSDTlong | +0.0188% | 4h | 0.1483 | long leg | $4.0M | $995K | 50x | |
| BingX APR-USDT | +0.0410% | 4h | 0.1485 | +0.142% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0434% | 4h | 0.1485 | +0.142% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0777% | 4h | 0.1481 | −0.156% | $72K | $80K | 5x | as long as short |
Binance APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bybit APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTMshort | +0.0858% | 4h | 0.1484 | +0.081% | $2.4M | $343K | 50x | |
| Gate APR_USDT | +0.1102% | 4h | 0.1482 | −0.067% | $701K | $204K | 25x | as long as short |
Gate APR_USDT