Funding you earn now, next payment 04:00 UTC−0.0418%/8h= −45.8% APRnext payment −$2.09 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against KuCoin−0.122%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2082.078% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.416%+$42 · spread now −0.122%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.142% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.020%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.113%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.09 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 B2USDTM | 0.4898 | 0.1372 | pay 0.0686% / 4h | 3h 18m | $1.0M | $308K | 50x |
| Short | Bitget B2USDT | 0.4892 | 0.0954 | get 0.0477% / 4h | 3h 18m | $2.7M | $1.3M | 50x |
KuCoin B2USDTM
Bitget B2USDTFunding 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
- −$87.78
- Price spread: −0.122% → +0.020%
- −$14.25
- Slippage, 4 orders
- −$183.78
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$309.81
- Costs to cover
- 2.078%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 4 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, 1 min ago | 10.19 bp | 97.9 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 8.20 bp | 32.5 bp −$32 | 139.2 bp −$1,392 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.4892 | −0.122% | $1.5M | $2.6M | 20x | as long as short |
| Binance B2USDT | +0.0830% | 4h | 0.4896 | −0.031% | $7.9M | $12.3M | 50x | as long as short |
| MEXC B2_USDT | +0.0842% | 4h | 0.4895 | −0.061% | $558K | $514K | 100x | as long as short |
| Aster B2USDT | +0.0844% | 4h | 0.4885 | −0.258% | $152K | $171K | 5x | as long as short |
| Bitget B2USDTshort | +0.0954% | 4h | 0.4892 | −0.122% | $2.7M | $1.3M | 50x | |
| BingX B2-USDT | +0.0966% | 4h | 0.4896 | −0.041% | — | $1.4M | — | as long as short |
| KuCoin B2USDTMlong | +0.1372% | 4h | 0.4898 | long leg | $1.0M | $308K | 50x | |
| Variational Omni B2 | +0.1550% | 4h | 0.4879 | −0.394% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.1626% | 4h | 0.4888 | −0.204% | $850K | $435K | 20x | as long as short |
Bybit B2USDT
Binance B2USDT
MEXC B2_USDT
Aster B2USDT
BingX B2-USDT
Variational Omni B2
Gate B2_USDT