Funding you earn now, next payment 00:00 UTC+0.0740%/8h= +81.0% APRnext payment +$3.70 per $10,000 · paid last 24h −0.039%
Price spread now: Bitget against KuCoin+0.223%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$850as in the Funding arb table
Net, price: spread back to 7d avg − costs−$820as in the Price arb table
costs, in and out, $10k−$8448.435% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days−0.203%−$20 · spread now +0.223%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bitget is 0.235% dearer against KuCoin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.70 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 BUSDTM | 0.2021 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $1.9M | $71K | 10x |
| Short | Bitget BUSDT | 0.2026 | 0.0840 | get 0.0420% / 4h | 2h 46m | $2.7M | $231K | 10x |
KuCoin BUSDTM
Bitget BUSDTFunding 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
- $155.4
- Price spread: +0.223% → −0.013%
- $23.54
- Slippage, 4 orders
- −$819.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$664.56
- Costs to cover
- 8.435%
- Break-even
- 36.9 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 6 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, 5 min ago | 10.63 bp | 395.0 bp −$395 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 4.94 bp | 37.7 bp −$38 | 177.5 bp −$1,775 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2024 | +0.124% | $3.4M | $585K | 20x | as long as short |
| KuCoin BUSDTMlong | +0.0100% | 4h | 0.2021 | long leg | $1.9M | $71K | 10x | |
| Bybit BUSDT | +0.0558% | 4h | 0.2025 | +0.153% | $1.8M | $931K | 13x | as long as short |
| BingX B-USDT | +0.0786% | 4h | 0.2025 | +0.173% | — | $1.2M | — | as long as short |
| Extended B-USD | +0.0824% | 1h | 0.2026 | +0.240% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0826% | 4h | 0.2028 | +0.343% | $3K | $392K | 5x | as long as short |
| MEXC B_USDT | +0.0826% | 4h | 0.2026 | +0.223% | $970K | $342K | 100x | as long as short |
| Binance BUSDT | +0.0828% | 4h | 0.2026 | +0.223% | $11.7M | $2.0M | 20x | as long as short |
| Bitget BUSDTshort | +0.0840% | 4h | 0.2026 | +0.223% | $2.7M | $231K | 10x | |
| BloFin B-USDT | +0.0867% | 4h | 0.2027 | +0.272% | $596K | $39K | 20x | as long as short |
Gate B_USDT
Bybit BUSDT
BingX B-USDT
Extended B-USD
edgeX BUSDC
MEXC B_USDT
Binance BUSDT
BloFin B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1352% | 4h | 0.2026 | +0.212% | $1.9M | $199K | 5x | as long as short |
Aster BUSDT