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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget B2USDT | 0.4911 | 0.1552 | pay 0.0776% / 4h | 1h 54m | $2.7M | $1.4M | 50x |
| Short | KuCoin B2USDTM | 0.4917 | 0.2044 | get 0.1022% / 4h | 1h 54m | $1.0M | $316K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 4.07 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.14 bp | 35.5 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0906% | 4h | 0.4908 | −0.061% | $555K | $538K | 100x | as long as short |
| Binance B2USDT | +0.0908% | 4h | 0.4910 | −0.020% | $7.9M | $13.1M | 50x | as long as short |
| Aster B2USDT | +0.1033% | 4h | 0.4916 | +0.107% | $154K | $187K | 5x | as long as short |
| Bybit B2USDT | +0.1274% | 4h | 0.4912 | +0.020% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDT | +0.1444% | 4h | 0.4915 | +0.081% | — | $1.4M | — | as long as short |
| Bitget B2USDTlong | +0.1552% | 4h | 0.4911 | long leg | $2.7M | $1.4M | 50x | |
| Variational Omni B2 | +0.1902% | 4h | 0.4916 | +0.093% | $14K | $2K | — | as long as short |
| KuCoin B2USDTMshort | +0.2044% | 4h | 0.4917 | +0.122% | $1.0M | $316K | 50x | |
| Gate B2_USDT | +0.2768% | 4h | 0.4924 | +0.265% | $863K | $440K | 20x | as long as short |
Bitget B2USDT
KuCoin B2USDTM
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
Bybit B2USDT
BingX B2-USDT
Variational Omni B2
Gate B2_USDT