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: KuCoin against Bitget+0.027%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5265.259% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.027%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.065% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AUCTIONUSDT | 3.7060 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $374K | $153K | 25x |
| Short | KuCoin AUCTIONUSDTM | 3.7070 | 0.0100 | get 0.0050% / 4h | 3h 11m | $371K | $110K | 20x |
Bitget AUCTIONUSDT
KuCoin AUCTIONUSDTMFunding 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: +0.027% → −0.038%
- $6.54
- Slippage, 4 orders
- −$501.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$519.32
- Costs to cover
- 5.259%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 34 min ago; KuCoin: live order book, 61 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, 34 min ago | 4.05 bp | 21.1 bp −$21 | 181.1 bp −$1,811 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 8.07 bp | 280.6 bp −$281 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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_AUCTIONUSD | −0.0170% | 1h | 3.7059 | −0.002% | $8K | $259 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7056 | −0.011% | $925 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7040 | −0.054% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7080 | +0.054% | $592K | $265K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7070 | +0.027% | $787K | $690K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7090 | +0.081% | $105K | $68K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7040 | −0.054% | $444K | $145K | 20x | as long as short |
| KuCoin AUCTIONUSDTMshort | +0.0100% | 4h | 3.7070 | +0.027% | $371K | $110K | 20x | |
| Bitget AUCTIONUSDTlong | +0.0100% | 4h | 3.7060 | long leg | $374K | $153K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7060 | 0.000% | — | $12.3M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7129 | +0.185% | $172 | $38 | — | as long as short |
Variational Omni AUCTION