Funding you earn now, next payment 04:00 UTC−0.0694%/8h= −76.0% APRnext payment −$3.47 per $10,000 · paid last 24h −0.120%
Price spread now: Bitget against KuCoin−0.211%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$801as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7527.521% of the position
Funding, last 7 days−0.494%−$49 on $10k
+Price spread, last 7 days+0.233%+$23 · spread now −0.211%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bitget is 0.233% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin APRUSDTM | 0.1468 | 0.0902 | pay 0.0451% / 4h | 1h 14m | $2.4M | $348K | 50x |
| Short | Bitget APRUSDT | 0.1465 | 0.0208 | get 0.0104% / 4h | 1h 14m | $3.9M | $956K | 50x |
KuCoin APRUSDTM
Bitget APRUSDTFunding 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
- −$145.74
- Price spread: −0.211% → +0.022%
- −$23.3
- Slippage, 4 orders
- −$728.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$921.11
- Costs to cover
- 7.521%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 16.67 bp | 494.6 bp −$495 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 8.18 bp | 34.7 bp −$35 | 190.9 bp −$1,909 | 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 | 0.1464 | −0.260% | $6.7M | $5.3M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1465 | −0.191% | $1.4M | $664K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1464 | −0.259% | $361K | $176K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1466 | −0.123% | $2K | $1.1M | 20x | as long as short |
| BloFin APR-USDT | +0.0114% | 4h | 0.1468 | +0.014% | $289K | $111K | 50x | as long as short |
| Bitget APRUSDTshort | +0.0208% | 4h | 0.1465 | −0.211% | $3.9M | $956K | 50x | |
| HTX APR-USDT | +0.0234% | 4h | 0.1471 | +0.218% | $19K | $58K | 20x | as long as short |
| BingX APR-USDT | +0.0406% | 4h | 0.1463 | −0.327% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0407% | 4h | 0.1466 | −0.123% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDT | +0.0684% | 4h | 0.1466 | −0.143% | $692K | $183K | 25x | as long as short |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
BloFin APR-USDT
HTX APR-USDT
BingX APR-USDT
OKX APR-USDT-SWAP
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0835% | 4h | 0.1466 | −0.124% | $71K | $100K | 5x | as long as short |
| KuCoin APRUSDTMlong | +0.0902% | 4h | 0.1468 | long leg | $2.4M | $348K | 50x |
Aster APRUSDT