Settings8H · net · $10k
Funding arb · Price arb /

B2

all B2 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0492%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against Bitget+0.122%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1871.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 4 days (all we have)−0.573%−$57 · spread now +0.122%, 7d avg −0.025%
Together, before fees−0.713%−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.148% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, 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 -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget B2USDT0.49110.1552pay 0.0776% / 4h1h 54m$2.7M$1.4M50x
ShortKuCoin B2USDTM0.49170.2044get 0.1022% / 4h1h 54m$1.0M$316K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$103.32
Price spread: +0.122% → −0.025%
$14.75
Slippage, 4 orders
−$162.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.49
Costs to cover
1.866%
Break-even
11.6 days
Slippage from Bitget: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.07 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago9.14 bp35.5 bp −$36doesn't fitdoesn't fitdoesn't fit

B2 on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC B2_USDT+0.0906%4h0.4908−0.061%$555K$538K100xas long as short
Binance B2USDT+0.0908%4h0.4910−0.020%$7.9M$13.1M50xas long as short
Aster B2USDT+0.1033%4h0.4916+0.107%$154K$187K5xas long as short
Bybit B2USDT+0.1274%4h0.4912+0.020%$1.5M$2.8M20xas long as short
BingX B2-USDT+0.1444%4h0.4915+0.081%$1.4Mas long as short
Bitget B2USDTlong+0.1552%4h0.4911long leg$2.7M$1.4M50x
Variational Omni B2+0.1902%4h0.4916+0.093%$14K$2Kas long as short
KuCoin B2USDTMshort+0.2044%4h0.4917+0.122%$1.0M$316K50x
Gate B2_USDT+0.2768%4h0.4924+0.265%$863K$440K20xas long as short