Funding you earn now, next payment 04:00 UTC−0.0352%/8h= −38.5% APRnext payment −$1.76 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against KuCoin+0.050%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$952as in the Funding arb table
Net, price: spread back to 7d avg − costs−$933as in the Price arb table
costs, in and out, $10k−$9419.415% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.050%, 7d avg −0.035%
=The price spread pays, funding is against you. Bitget is 0.085% dearer against KuCoin than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of −0.035%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.108% in total) that is about 5.5 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 −$1.76 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 | KuCoin AWEUSDTM | 0.06451 | 0.0452 | pay 0.0226% / 4h | 3h 39m | $152K | $62K | 20x |
| Short | Bitget AWEUSDT | 0.06454 | 0.0100 | get 0.0050% / 4h | 3h 39m | $454K | $264K | 40x |
KuCoin AWEUSDTM
Bitget AWEUSDTFunding 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
- −$73.92
- Price spread: +0.050% → −0.035%
- $8.46
- Slippage, 4 orders
- −$917.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,006.91
- Costs to cover
- 9.415%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 26 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, 4 min ago | 11.62 bp | 208.7 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 5.93 bp | 39.2 bp −$39 | 134.1 bp −$1,341 | doesn't fit | doesn't fit |
AWE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AWE-USDT | +0.0099% | 4h | 0.06448 | −0.047% | $143K | $23K | 40x | as long as short |
| Aster AWEUSDT | +0.0100% | 4h | 0.06440 | −0.172% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06447 | −0.062% | $2.2M | $1.4M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06452 | +0.016% | $541K | $222K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06449 | −0.031% | $1.1M | $132K | 20x | as long as short |
| Bitget AWEUSDTshort | +0.0100% | 4h | 0.06454 | +0.050% | $454K | $264K | 40x | |
| BingX AWE-USDT | +0.0100% | 4h | 0.06447 | −0.062% | — | $6.5M | — | as long as short |
| KuCoin AWEUSDTMlong | +0.0452% | 4h | 0.06451 | long leg | $152K | $62K | 20x | |
| Gate AWE_USDT | +0.1142% | 8h | 0.06433 | −0.279% | $47K | $36K | 25x | as long as short |
BloFin AWE-USDT
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
BingX AWE-USDT
Gate AWE_USDT