Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against KuCoin+0.054%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$448as in the Funding arb table
Net, price: spread back to 7d avg − costs−$465as in the Price arb table
costs, in and out, $10k−$4664.663% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.054%, 7d avg +0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AUCTIONUSDTM | 3.6950 | 0.0100 | pay 0.0050% / 4h | 27m 03s | $369K | $111K | 20x |
| Short | Bitget AUCTIONUSDT | 3.6970 | 0.0100 | get 0.0050% / 4h | 27m 03s | $373K | $159K | 25x |
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTFunding 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: +0.054% → +0.039%
- $1.56
- Slippage, 4 orders
- −$442.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$464.74
- Costs to cover
- 4.663%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; Bitget: live order book, 23 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, 55 min ago | 8.07 bp | 204.4 bp −$204 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 4.08 bp | 20.9 bp −$21 | 138.9 bp −$1,389 | 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 | −0.0295% | 1h | 3.6976 | +0.071% | $8K | $272 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6977 | +0.074% | $923 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6956 | +0.015% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7010 | +0.162% | $589K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6950 | 0.000% | $781K | $696K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6930 | −0.054% | $105K | $69K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6960 | +0.027% | $435K | $144K | 20x | as long as short |
| KuCoin AUCTIONUSDTMlong | +0.0100% | 4h | 3.6950 | long leg | $369K | $111K | 20x | |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.6970 | +0.054% | $373K | $159K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6980 | +0.081% | — | $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 | 3.7024 | +0.199% | $171 | $38 | — | as long as short |
Variational Omni AUCTION