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

BAN

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: KuCoin against Bitget−0.379%7-day average −0.299% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,216as in the Price arb table
costs, in and out, $10k−$1,20812.078% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.379%, 7d avg −0.299%
Together, before fees−0.188%−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.080% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.299%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BANUSDT0.068590.0100pay 0.0050% / 4h2h 49m$1.1M$59K25x
ShortKuCoin BANUSDTM0.068330.0100get 0.0050% / 4h2h 49m$314K$16K20x

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
$0
Price spread: −0.379% → −0.299%
−$7.96
Slippage, 4 orders
−$1,183.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,215.72
Costs to cover
12.078%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 62 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, 2 min ago7.29 bp40.7 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 62 min ago26.39 bp709.7 bp −$710doesn't fitdoesn't fitdoesn't fit

BAN on 8 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
Bybit BANUSDT+0.0100%4h0.06847−0.175%$2.9M$301K13xas long as short
Gate BAN_USDT+0.0100%8h0.06840−0.277%$1.2M$47K20xas long as short
KuCoin BANUSDTMshort+0.0100%4h0.06833−0.379%$314K$16K20x
Bitget BANUSDTlong+0.0100%4h0.06859long leg$1.1M$59K25x
Variational Omni BAN+0.0100%4h0.06843−0.227%$16as long as short
Aster BANUSDT+0.0210%4h0.06856−0.049%$12K$4275xas long as short
MEXC BAN_USDT+0.0522%4h0.06861+0.029%$8.2M$146K100xas long as short
Binance BANUSDT+0.0545%4h0.068590.000%$6.7M$785K25xas long as short