Funding you earn now, next payment 04:00 UTC+0.0364%/8h= +39.9% APRnext payment +$1.82 per $10,000 · paid last 24h +0.021%
Price spread now: KuCoin against Bitget−0.044%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,721as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,740as in the Price arb table
costs, in and out, $10k−$2,73127.314% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.044%, 7d avg +0.038%
=Funding pays, the price is against you. KuCoin is 0.082% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.038%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.108% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AWEUSDT | 0.06394 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $448K | $265K | 40x |
| Short | KuCoin AWEUSDTM | 0.06391 | 0.0464 | get 0.0232% / 4h | 2h 27m | $149K | $61K | 20x |
Bitget AWEUSDT
KuCoin AWEUSDTMFunding 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
- $76.44
- Price spread: −0.044% → +0.038%
- −$8.15
- Slippage, 4 orders
- −$2,707.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,663.16
- Costs to cover
- 27.314%
- Break-even
- 250.9 days
Slippage from Bitget: live order book, 33 min ago; KuCoin: live order book, 1 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, 33 min ago | 4.54 bp | 42.2 bp −$42 | 197.4 bp −$1,974 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 8.60 bp | 643.7 bp −$644 | doesn't fit | doesn't fit | doesn't fit |
AWE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06395 | +0.022% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06396 | +0.032% | $2.2M | $1.4M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06400 | +0.097% | $537K | $226K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06395 | +0.019% | $1.1M | $132K | 20x | as long as short |
| Bitget AWEUSDTlong | +0.0100% | 4h | 0.06394 | long leg | $448K | $265K | 40x | |
| BingX AWE-USDT | +0.0100% | 4h | 0.06400 | +0.097% | — | $6.5M | — | as long as short |
| Gate AWE_USDT | +0.0366% | 8h | 0.06394 | +0.003% | $46K | $35K | 25x | as long as short |
| KuCoin AWEUSDTMshort | +0.0464% | 4h | 0.06391 | −0.044% | $149K | $61K | 20x |
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
BingX AWE-USDT
Gate AWE_USDT